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Wednesday, January 27, 2021

DOT: Vehicle Miles Driven decreased 10.3% year-over-year in November

by Calculated Risk on 1/27/2021 09:48:00 AM

The Department of Transportation (DOT) reported:

Travel on all roads and streets changed by -11.1% (-28.9 billion vehicle miles) for November 2020 as compared with November 2019. Travel for the month is estimated to be 231.6 billion vehicle miles.

The seasonally adjusted vehicle miles traveled for November 2020 is 244.8 billion miles, a -10.3% (-28.2 billion vehicle miles) decline from November 2019. It also represents -0.7% decline (-1.6 billion vehicle miles) compared with October 2020.

Cumulative Travel for 2020 changed by -13.7% (-410.0 billion vehicle miles). The cumulative estimate for the year is 2,583.1 billion vehicle miles of travel.
emphasis added
Vehicle Miles Click on graph for larger image.

This graph shows the rolling 12 month total vehicle miles driven to remove the seasonal factors.

Miles driven declined during the great recession, and the rolling 12 months stayed below the previous peak for a record 85 months.

Miles driven declined sharply in March, and really collapsed in April.   

Vehicle Miles YoYThis graph shows the YoY change in vehicle miles driven.

Miles driven have rebounded, but are still down 10.3% YoY (seasonally adjusted).