In 2017, 1.7 billion passengers and 31.7 metric tons of cargo traveled through U.S. airports.
Facts & Quotes
Passenger Facility Charges (PFCs) are imposed by states or units of local government that own or operate airports - they are not collected or spent by the federal government. Instead, PFCs go directly to fund local airport projects approved by the Federal Aviation Administration with input from airlines and local communities.
The locally-imposed user fee used by airports to partially fund airport infrastructure projects known as the Passenger Facility Charge (PFC) has not been adjusted since 2000 and as a result has lost 50% of its purchasing power.
Infrastructure projects at U.S. airports are funded primarily with federal grants through the Federal Aviation Administration's Airport Improvement Program, a local user fee called the Passenger Facility Charge (PFC), and airport-generated revenue from tenant rents and fees. Airports often turn to capital markets to debt-finance projects, using both PFC revenue and airport-generated revenue to repay the bonds.
With a national economic impact of $1.4 trillion, airports contribute more than 7% to the U.S. gross national product and support over 11.5 million jobs around America. However, inadequate airport infrastructure that fails to meet the needs of local businesses and tourists puts in jeopardy the continued economic growth of the nation's cities, states and regions.
U.S. port cargo activities generated $5.4 trillion of total economic value in 2018.
Cargo activity at U.S. ports support 26 percent of our economy.
Over $6 billion in goods are handled by seaports each weekday.
In 2017, total passenger miles traveled on public transportation was 57 billion. This is up from 42.4 billion in 1997.
In 2017, total public transportation expenditures were $67.7 billion, with $47.5 billion spent on operations and $20.2 billion on capital investments.
In 2017, the federal government provided 37 percent of capital funding for transit. State assistance made up 17 percent while local and directly generated assistance made up 47 percent of capital funding.
In 2017, the public transportation industry employed 431,514 people.