Post Profile






DOT: Vehicle Miles Driven increased 1.3% in December

Note: Vehicle miles have moved sideways for over four years. And gasoline consumption has declined slightly over the same period. For a discussion of the causes, see NDD's post at the Bonddad blog this morning: Why the decline in gasoline demand doesn't mean a recession -- yet. Among other points, NDD writes: "It appears that gasoline conservation is a top priority of consumers.
read more

share

Related Posts


DOT: Vehicle Miles Driven decreased 0.8% year-over-year in February

Business & Finance / Economics : CalculatedRisk

Some of this monthly decline appears weather related since miles driven were down 3.0% in the Northeast. Miles driven were up 0.4% in the West.The Department of Transportation (DOT) reported:Travel on all roads and streets changed b...

Teenagers Just Don't Live Driving Like They Used To

Business & Finance : Business Insider: Clusterstock

Earlier this week I noted that vehicle miles driven had declined in October. Most of the decline is probably due to high gasoline prices and the sluggish economy, but reader Dave sent me this article by Lisa Hymas: Driving has lost ...

DOT: Vehicle Miles Driven decreased -2.4% in April compared to April 2010

Business & Finance / Economics : CalculatedRisk

This data is for April and gasoline prices were at the highest level of the year at end of April and in early May - so the YoY decline might be less in June. Note: WTI future oil prices are down to $92.53 per barrel (down from $113....

DOT: Vehicle Miles Driven declined 2.9% in December

Business & Finance / Economics : CalculatedRisk

The Department of Transportation (DOT) reported: Travel on all roads and streets changed by -2.9% (-7.0 billion vehicle miles) for December 2012 as compared with December 2011. Travel for the month is estimated to be 236.3 billion v...

Vehicle Miles Driven Decline: A possible contributing factor

Business & Finance / Economics : CalculatedRisk

Earlier this week I noted that vehicle miles driven had declined in October. Most of the decline is probably due to high gasoline prices and the sluggish economy, but reader Dave sent me this article by Lisa Hymas: Driving has lost ...

Comments



Copyright © 2015 Regator, LLC