Thursday, April 26, 2012

Is a new way of life emerging in the USA?

“Unfortunately for car companies,” Jordan Weissmann noted  in a couple weeks back, “today's teens and twenty-somethings don't seem all that interested in buying a set of wheels. They're not even particularly keen on driving.” Now a major new report from Benjamin Davis and Tony Dutzik at the Frontier Group and Phineas Baxandall, at the U.S. PIRG Education Fund, documents this unprecedented trend across a wide variety of indicators. Their two big findings about young people and driving: - The average annual number of vehicle miles traveled by young people (16 to 34-year-olds) in the U.S. decreased by 23 percent between 2001 and 2009, falling from 10,300 miles per capita to just 7,900 miles per capita in 2009. - The share of 14 to 34-year-olds without a driver’s license increased by 5 percentage points, rising from 21 percent in 2000 to 26 percent in 2010, according to the Federal Highway Administration. Young people are also making more use of transit, bikes, and foot power to
get around. In 2009, 16 to 34-year-olds took 24 percent more bike trips than they took in 2001. They walked to their destinations 16 percent more often, while their passenger miles on transit jumped by 40 percent.Part of the reason for this shift is financial, but also a new way of life emerges.  Read on here.

No comments: