Miles Driven in January Declines to Lowest in 3 Years

DOT statistics for miles driven in January 2014 were released this week, and showed a significant decline in total miles driven, month-to-month and year-on-year.  The weather was such a significant factor that it is difficult to discern any other trends.

• Miles driven in January were down about 3 percent from the prior Jan, and the lowest in three years.
• The trailing 12 month average miles driven was up slightly.
• The trailing 12 month average also continues to show a very slight trend toward more highway miles and fewer 'other' miles.

The 12 month average: