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Montevideo, April 25th 2019 - 08:13 UTC

March 08 recorded sharpest drop in US cars miles traveled

Tuesday, May 27th 2008 - 21:00 UTC
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United States are driving much less forced by fuel prices, continuing a trend which began last November and has been confirmed by the latest March 2008 release from the Federal Highway Administration, FHWA.

"That US drivers are making less mileage underscores the challenges facing the Highway Trust Fund and its reliance on the federal gasoline excise tax" said Acting Federal Highway Administrator Jim Ray. The FHWA "Traffic Volume Trends" report, produced monthly since 1942, shows that estimated vehicle miles traveled (VMT) on all U.S. public roads for March 2008 fell 4.3% as compared with March 2007 travel. This is the first time estimated March travel on public roads fell since 1979. At 11 billion miles less in March 2008 than in the previous March, this is the sharpest yearly drop for any month in FHWA history. Though February 2008 showed a modest 1 billion mile increase over February 2007, cumulative VMT has fallen by 17.3 billion miles since November 2006. Total VMT in the United States for 2006, the most recent year for which such data are available, topped 3 trillion miles. Additionally, the U.S. Department of Transportation estimated that greenhouse gas emissions fell by an estimated 9 million metric tons for the first quarter of 2008. The estimated data show that VMT on all U.S. public roads have dropped since 2006. The FHWA's Traffic Monitoring Analysis System (TMAS) computes VMT for all types of motor vehicles (motorcycles, cars, buses and trucks) on the nation's public roads. These data are collected through over 4,000 automatic traffic recorders operated round-the-clock by state highway agencies. More comprehensive data are published in the FHWA "Highway Statistics" at the end of each year.

Categories: Economy, Mercosur.

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