The Metropolitan Transportation Authority is North America’s largest transportation network, serving a population of 15.3 million people in the 5,000-square-mile area fanning out from New York City through Long Island, southeastern New York State, and Connecticut.
It drives the New York regional economy by opening up countless job opportunities for millions – jobs that are miles from home are easy to get to with the subways, buses, and commuter trains. And after work, the network enables them to get to leisure activities: music, theater, cultural events, sports, and shopping more varied than anywhere in the country.
MTA subways, buses, and railroads provide 2.73 billion trips each year to New Yorkers – the equivalent of about one in every three users of mass transit in the United States and two-thirds of the nation’s rail riders. MTA bridges and tunnels carry more than 297 million vehicles a year – more than any bridge and tunnel authority in the nation.
Food price forecasts, on the other hand, are subject to revision if the conditions on which they are based change significantly. Projections could be affected by changes, for example, in the feed grain crop outlook; in export markets, especially for meat items; in nonfarm markets; or in weather-related crop conditions in major fresh fruit and vegetable growing areas. Historical data indicate that fresh fruits and vegetables and egg prices are the most volatile food prices that ERS tracks. Grain price changes affect the price of meats, poultry, eggs, and dairy products more than the prices of other food items and to a lesser extent cereals and bakery products. Because these items account for more than half of the at-home food dollar, price changes for these categories can significantly affect the Consumer Price Index (CPI) for food at home.