Mileage Trends Flash Report

After nearly seven months of uncertainty surrounding the U.S. economic recovery, one thing is for certain: reaching pre-COVID levels of business will take a considerable amount of time. And when it does happen, it will occur at varying rates across the country. While the unemployment rate decreased for the fourth consecutive month, the number of…

July 2020 provided a blast of good news when the U.S. economy added 1.8 million jobs last month, driven by hiring in the hardest-hit sectors, including hospitality, restaurants and retail. While the number of long-term unemployed barely changed over July, the number of people who were jobless less than five weeks increased by 11%. Our…

We continue to follow business mileage trends closely in our latest bi-weekly Mileage Trends Flash Report. This week looks back to the July 4th holiday. Over the past two weeks, business activity has continued to fluctuate, as is consistent with various states reopening and closing in response to the increasing numbers of COVID-19 cases in…

While the positive turn in the May 2020 jobs report took many by surprise, it came as less of a shock to those following business mileage as an indicator of economic growth. After hitting a low point the week of April 5th, business activity began a steady rise that we saw reflected in the numbers…

Business mileage continues to show its merit as an early indicator of economic growth. And according to our latest bi-weekly Mileage Trends Flash Report, business activity continues to trend upwards as different parts of the U.S. reopen. Even with the Memorial Day holiday interrupting the usual work week, business driving activity has increased 51% since…

A month ago we released our first Mileage Trends Flash Report, which provides insight into the current state of national business mobility, and highlights how business mileage is evolving across locations and industry sectors as different parts of the U.S. reopen. Last week, our second Mileage Trends Flash Report found that business driving activity has…