by Bill McBride on 6/23/2010 11:59:00 PM
Wednesday, June 23, 2010
Travel on all roads and streets changed by +1.2% (3.1 billion vehicle miles) for April 2010 as compared with April 2009. Travel for the month is estimated to be 255.9 billion vehicle miles.Click on graph for larger image in new window.
Cumulative Travel for 2010 changed by -0.2% (-1.6 billion vehicle miles).
This graph shows the rolling 12 month total vehicle miles driven.
On a rolling 12 month basis, miles driven are still 2.0% below the peak - and only 0.6% above the recent low - suggesting a sluggish recovery.
Posted by Bill McBride on 6/23/2010 11:59:00 PM