Car Miles Pushed decreased 10.6% year-over-year in February

by Calculated Threat on 4/21/2021 12:23:00 PM This will probably be one thing to look at because the financial system recovers. The Division of Transportation (DOT) reported: Journey on all roads and streets modified by -12.1% (-28.3 billion automobile miles) for February 2021 as in contrast with February 2020. Journey for the month is estimated


by Calculated Threat on 4/21/2021 12:23:00 PM

This will probably be one thing to look at because the financial system recovers.

The Division of Transportation (DOT) reported:

Journey on all roads and streets modified by -12.1% (-28.3 billion automobile miles) for February 2021 as in contrast with February 2020. Journey for the month is estimated to be 205.4 billion automobile miles.

The seasonally adjusted automobile miles traveled for February 2021 is 245.9 billion miles, a -10.6% (-29.1 billion automobile miles) decline from February 2020. It additionally represents -0.4% decline (-1.1 billion automobile miles) in contrast with January 2021.

Cumulative Journey for 2021 modified by -11.7% (-56.7 billion automobile miles). The cumulative estimate for the yr is 428.7 billion automobile miles of journey.
emphasis added

Click on on graph for bigger picture.

This graph exhibits the month-to-month complete automobile miles pushed, seasonally adjusted.

Miles pushed declined through the nice recession, and the rolling 12 months stayed under the earlier peak for a report 85 months.

Miles pushed declined sharply in March, and actually collapsed in April.  After partially recovering pretty shortly, miles pushed have been largely flat for the final 6+ months.



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