Driving Down Nationally?

One of our region’s claims to fame has been a slight decline in Vehicle Miles Traveled (VMT) per capita. In most places in our country the trendline is decidely in the other direction.

But now Reuters is reporting (via CNN) that last year (2005 vs. 2004) per capita VMT went down NATIONALLY, by about 1%.

Pundits are attributing the decline to a combination of high gas prices (apparently, there IS elasticity in demand for gas) and demographic shifts (our population continues to age, and older drivers drive less).

A small ray of hope!

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