Mexican Media Brands
Americans Dial Back Driving Distances Again
The total distance driven in the U.S. in the first half of 2013 slipped 0.1% to an estimated 1.46 trillion miles, according to the Federal Highway Administration.
#economics
Share
The total distance driven in the U.S. in the first half of 2013 slipped 0.1% to an estimated 1.46 trillion miles, according to the Federal Highway Administration.
The agency reports that that cumulative miles driven rose steadily from about 2.1 trillion miles in 1990 to a peak of 3.01 trillion miles in 2007.
Cumulative miles fell to about 2.95 trillion in 2010, inched up to 2.96 trillion in 2011-2012 but are expected to return to 2.95 trillion this year.
Analysts attribute the stagnation to high fuel prices, slow economic growth and lingering high unemployment.
About 44% of all miles driven occur on interstate highways. Major urban surface arteries account for 35%.
RELATED CONTENT
-
Mazda, CARB and PSA North America: Car Talk
The Center for Automotive Research (CAR) Management Briefing Seminars, an annual event, was held last week in Traverse City, Michigan.
-
On The German Auto Industry
A look at several things that are going on in the German auto industry—from new vehicles to stamping to building electric vehicles.
-
Global Car Market to Shrink for 2-3 Years
Global sales of light vehicles will decline year on year through at least 2021, predicts LMC Automotive at its annual outlook conference outside Detroit, Mich.