After declining due to the resurgence of the pandemic and storms during the winter, the increase in gasoline consumption through early April has returned to levels last seen in October. The recovery in traffic volume improved in March as the impact of the pandemic improved and severe winter storms in February that caused widespread power […]
U.S. Driving Last Year Was Lowest in Two Decades
After six consecutive years of gradual increases in vehicle-miles traveled (VMT), the Federal Highway Administration (FHWA) released new year-end estimates yesterday showing total U.S. driving fell by 13.2% – from 3.3 trillion VMT in 2019 to 2.83 trillion in 2020. This decrease equates to an estimated reduction of nearly 170 million metric tons of carbon […]
Gasoline Consumption Continued to Improve in January
The decline in the four-week moving average in January compared to last year was less than in December. While interstate traffic volume is up, more than a third of U.S. households still have at least one person working from home at least part of the time. The latest data from the U.S. Energy Information Administration […]
Office Occupancy Rates on the Rise Nationally
Kastle Systems data shows more workers returning to their offices, but there is a long way to go to get back to pre-pandemic office occupancy levels. According to the Kastle Back to Work Barometer, more American businesses brought workers back to their office last week, but the keycard and app access data shows office occupancy […]
Insurance Will Face COVID-19 Side-Effects Even After Pandemic Ends
Half of respondents indicate they will continue to work from home all or part of the time after the pandemic ends. A new study from the Insurance Research Council (IRC) finds that two-thirds of respondents worked from home at least part of the time during the COVID-19 pandemic. The survey, conducted in October, also reveals […]
Gasoline Consumption Improved in the First Half of January
The decline in the four-week moving average compared to last year continued trend of improvement that began in late December. The latest data from the U.S. Energy Information Administration (EIA) showed that gasoline consumption for the week ending January 15 was up versus the previous week and the decline in the four-week moving average compared […]
INRIX Reports Thanksgiving Road Travel Highest Since Start of Pandemic
According to INRIX, travelers hit the road in record numbers the day before Thanksgiving, reaching a vehicle-miles traveled (VMT) of 9% above normal (pre-COVID) levels. To this point, VMT had only reached pre-COVID levels twice, during 4th of July and Labor Day, since the pandemic forced restrictions. The third time this happened, on Wednesday, Nov. […]
Gasoline Consumption Up Over 5% on Week Ending November 6 Compared to Previous Week
The four-week moving average remains over 10% below year ago levels. The latest data from the U.S. Energy Information Administration (EIA) showed that gasoline consumption for the week ending November 6 was up versus the previous week and the four-week moving average remained below the 10% level compared to last year. The weekly gasoline consumption […]
Traffic Volume in August Down Over 12% Compared to 2019
Of concern, the improvement in traffic volume compared to last year paused at the end of summer, down over 1 percentage point below July. Travel volume in August decreased substantially on a year-over-year basis and the decrease was greater than that recorded in July. Travel for the month of August is estimated at 251.3 billion […]
Traffic Volume in July Down Over 11% Compared to 2019
While driving was starting to increase as state lockdowns eased, travel remained considerably below previous year levels. Travel volume in July decreased substantially on a year-over-year basis. July’s result is the fifth straight monthly decline in traffic volume compared to the same month in 2019 driven by the pandemic. While traffic volume had been up […]