Overheard: VMT Took a Dip in June
When measured by the 12-month moving average of VMT, June’s numbers were down 0.2% compared to May.
Trends That Drive Aftermarket Service Opportunities
There is never a shortage of economic data to study.
AAA: Record Number to Hit the Roads in US this Weekend
AAA predicts 47.9 million people will travel 50 miles or more from home over the holiday weekend (June 30-July 4).
Overheard: The Latest Vehicle Miles Traveled Data
Travel for January through March 2022 shows a 5.6% increase over 2021.
Quarterly Research: The Latest on Vehicle Miles Traveled
In this article we will look at public and private sources of Vehicle Miles Traveled (VMT) estimates and look at the trends.
Overheard: VMT in 2021 Finishes Strong
VMT in December 2021 was up by 11.2% over 2020.
Overheard: VMT Returning Closer To ‘Normal’
Vehicle Miles Traveled is up 7.9% compared to September 2020.
Overheard: Vehicle Miles Traveled Continue To Make Gains
Vehicle Miles Traveled (VMT) in August 2021 was up a solid 8.3% compared to August 2020.
Market Insights: Use Weekly VMT To Predict Retail Impact
Relative to previous years, VMT for the two-week period around July 4, 2021, was higher than for the same time period in 2019 and 2020.
Overheard: Vehicle Miles Traveled Catching Up
It’s still not a full recovery, but it’s looking positive.
Welcome Back To Road Trip Season
In a recent poll, Hertz found that more than 80% of people surveyed say they plan to take a road trip this summer.
Overheard: Will Vehicle Miles Traveled Increase This Summer?
In January, Vehicle Miles Traveled were down 11.3% compared to January 2020.