Vehicle Miles Driven: Population-Adjusted Hits Another Post-Crisis Low

From - Advisor Perspectives
December 22, 2012 - 10:33am

Dec 22, 2012 Doug Short  The Department of Transportation's Federal Highway Commission has released the latest report on Traffic Volume Trends, data through October. Travel on all roads and streets changed by 0.3% (0.9 billion vehicle miles) for October 2012 as compared with October 2011. The 12-month moving average of miles driven increased only 0.51% from October a year ago (PDF report). And the civilian population-adjusted data (age 16-and-over) has set another post-financial crisis low.More...

Share this article »  

Continue reading this article »