Metalworking Forecasting Tools
Tools Aerospace Computers & Electronics Construction Machinery Engines, Turbines, & Power
Farm Equipment Machinery Medical Motor Vehciles & Parts Oil Durable Goods
Aerospace
Text Box: Real personal income includes employee compensation, rental income, dividend and interest income, and government transfer payments. System revenue passenger miles is the number of seats purchased on a domestic or international flight multiplied by the number of miles the flight traveled for U.S. air carriers. This statistic gives us an indication of how busy airlines are and the need for airlines to add capacity . On average changes in real personal income lead changes in system revenue passenger miles by seven months. Current Comment - System revenue passenger miles saw strong accelerating growth in 2007 in response to the strong accelerating growth in real personal income in 2006. Real income growth is noticeably slowing. Indications are the growth rate of system revenue passenger miles will peak sometime in early 2008.
Sources
Real Personal Income
System Revenue Passenger Miles
Industrial Production
For more information contact Steve Kline, Jr., financial analyst.
513-527-8800
skline2@gardnerweb.com
Links to other Financial Data from Gardner Publications, Inc.
2008 Capital Spending Survey and Forecast Results
Metalworking Business Index
2008 Capital Spending Survey and Forecast Demographic Reports 
Current and past surveys conducted by Gardner Research
Gardner Publications, Inc. publishes the following magazines:
Modern Machine Shop
Production Machining
Moldmaking Technology
Automotive Design & Production