From AAIA Capital Report
According to the latest Traffic Volume Trends released by the Federal Highway Administration (FHA), the number of miles driven as compared to 12 months ago showed a modest gain for the second straight month, from 257.1 billion to 257.3 billion vehicle miles traveled. The 0.2 percent increase was less than April's 0.6 percent increase, which broke a streak of 16 straight months in decline. Urban roads actually showed a decline for the month, but this was made up for by gains in miles traveled on rural roads. Despite the April and May gains, year-to-date miles driven for 2009 are down 9.9 billion, or 0.8 percent.
The monthly Traffic Volume Trends are available at
www.fhwa.dot.gov/ohim/tvtw/tvtpage.htm.
