Vehicle Miles Driven: Population-Adjusted Hits Another Post-Crisis Low
From dshort.com - 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...
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