We started publishing these Mileage Trend Flash Reports back in May so that we could keep a pulse on how business mileage was recovering from the impacts of COVID. Looking back on the past month, we’re seeing that the colder weather and additional COVID restrictions have caused a decrease in week over week business mileage. While this isn’t ideal as it indicates a slowdown in recovery, we’re still seeing mileage activity at 75% higher than the week of April 5th, the lowest business mileage dropped in 2020.
This month’s Mileage Trends Flash Report continues to follow business mileage trends from the country’s largest retained pool of drivers to provide a current view of economic growth and recovery. Here’s a closer look at key findings from our November 12th report:
- To date, average business mileage during the WorkForward period has increased to 66% of pre-pandemic levels. Regionally, the South, Midwest and Western U.S. are trending at about 67% of pre-pandemic levels. Business mileage in the Northeast has grown to 61% of pre-pandemic levels.
- While activity levels vary from region to region, there is an even wider variety among industry sectors and their many subsectors. After widespread reopening efforts and pent-up demand propelled activity increases in most industries in May and June, full recovery to pre-pandemic levels remained out of reach for most businesses during the summer. Recent months have seen more volatile mileage trends in different industry sectors, illustrating how business activity trends differ depending on where and how companies operate, along with factors like seasonal demand that can impact employment levels.
- Here’s a closer look at the recovery of various sectors:
- Food & Beverage (82% of pre-pandemic levels, a +33% increase over the lowest point the week of April 5th)
- Construction & Building Materials (77% of pre-pandemic levels, -5% below the WorkForward average)
- Machinery (67% of pre-pandemic levels, +2% above the WorkForward average)
- Business Services (64%, +13% above the average)
- Hospitals & Healthcare (63% of pre-pandemic levels, -5% below the average)
- Pharmaceutical/Biotech & Medical Devices (63% of pre-pandemic levels, +5% above the average)
- Retail (58% of pre-pandemic levels, -1% below the average)
- Energy & Environmental (51%, +10% above the average)
- Automotive (51%, +10% above the average)
- Manufacturing (46%, +-16% below the average)
As business leaders seek a balanced approach to bringing driving activity back up to pre-COVID levels while avoiding unnecessary risk for their employees, we hope these flash reports provide useful benchmarks of field activity and business trend indicators.
We plan to continue sharing updates on a monthly basis, so look forward to sharing the next Mileage Trends Flash Report in mid-December.
For businesses that would like further guidance or to talk through what this data means for you, we’re here to help. Please don’t hesitate to reach out!