Dow Jones Transportation Average (DJTA)
The Dow Jones Transportation Average (DJTA) is a Stock market Index that tracks the performance of 20 transportation-related companies in the United States. It is one of the oldest indices, created in 1884, and serves as a key indicator of the overall health of the transportation sector and, by extension, the economy. The Index includes companies involved in air freight, railroads, trucking, shipping, and logistics.
Examples of companies that may be included in the DJTA are:
- Union Pacific Corporation (railroad)
- FedEx Corporation (courier and logistics)
- American Airlines Group Inc. (airline)
Investors and analysts often use the DJTA as a leading indicator for economic performance, as it reflects the demand for transportation services and, consequently, consumer and business spending trends.