This is a big deal. From Streetsblog:
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The Federal Highway Administration has very quietly acknowledged that the driving boom is over.
After many years of aggressively and inaccurately claiming that Americans would likely begin a new era of rapid driving growth, the agency’s more recent forecast finally recognizes that the protracted post-World War II era has given way to a different paradigm.
The new vision of the future suggests that driving per capita will essentially remain flat in the future. The benchmark is important because excessively high estimates of future driving volume get used to justify wasteful spending on new and wider highways. In the face of scarce transportation funds, overestimates of future driving translate into too little attention paid to repairing the roads we already have and too little investment in other modes of travel.
The forecast is a big step forward from the FHWA’s past record of chronically aggressive driving forecasts. Most recently, in February 2014 the U.S. DOT released its 2013 “Conditions and Performance Report” to Congress, which estimated that total vehicle miles (VMT) will increase between 1.36 percent to 1.85 percent each year through 2030. This raised some eyebrows because total annual VMT hasn’t increased by even as much as 1 percent in any year since 2004.
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Comparing the 20-year estimates of the “Conditions and Performance Report” issued at the beginning of 2014 to the new 20-year estimates shows the agency has cut its forecasted growth rate by between 24 percent to 44 percent.
The new report’s 30-year estimates predict even less rapid growth in driving, forecasting that total driving miles will increase only 0.75 percent annually from 2012 to 2042. With population growth estimated to average 0.7 percent each year, this leaves per-person driving miles essentially flat. “This represents a significant slowdown from the growth in total VMT experienced over the past 30 years, which averaged 2.08% annually,” says the report.
