Total Pageviews

Sunday, May 6, 2012

So Goes The Economy, So Goes How Many Miles We Drive


Year-over-year change in vehicle miles traveled vs. the year-over-year change in GDP.
As you can see, there's something very unusual taking place right now: we've never had a drop in vehicle miles traveled like this at a time when GDP is moving higher.
Red is 12-month total vehicle miles traveled. Blue is GDP.
chart


Read more: http://www.businessinsider.com/this-collapse-in-automobile-usage-is-like-nothing-the-economy-has-ever-seen-before-2012-5#ixzz1u5nYYv7q

No comments:

Post a Comment