by Calculated Risk on 6/22/2021 01:00:00 PM
This will be something to watch as the economy recovers.
The Department of Transportation (DOT) reported:
Travel on all roads and streets changed by 54.6% (90.6 billion vehicle miles) for April 2021 as compared with April 2020. Travel for the month is estimated to be 256.5 billion vehicle miles.
The seasonally adjusted vehicle miles traveled for April 2021 is 248.6 billion miles, a 56.5% (89.7 billion vehicle miles) increase over April 2020. It also represents -4.7% decline (-12.3 billion vehicle miles) compared with March 2021.
Cumulative Travel for 2021 changed by ( billion vehicle miles). The cumulative estimate for the year is 947.5 billion vehicle miles of travel.
This graph shows the monthly total vehicle miles driven, seasonally adjusted.
Miles driven declined sharply in March 2020, and really collapsed in April 2020. After partially recovering fairly quickly, miles driven was mostly flat for 6+ months – but picked up in March, but fell back in April.