Gavekal Capital: Americans Are Driving The Most Since 2008

Monday, February 2, 2015

Americans Are Driving The Most Since 2008

The latest data (November) out of the US Department of Transportation for miles driven on US roads shows that more miles were driven on an annualized basis in November than in any month since July 2008. The year-over-year growth rate in miles driven increased to 1.35%, This is the highest year-over-year growth rate since August 2005.

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