US DOT: STATES OVERESTIMATING VMT GROWTH

The State Smart Transportation Initiative reports US DOT recently released its 2015 Conditions and Performance Report to Congress, describing the current state and future needs of the country’s roads, bridges, and other transportation infrastructure. The report hinges largely on estimates and forecasts of vehicle miles traveled (VMT) provided by the states. US DOT noted its past forecasts were too high, adding, “states have tended to under-predict future VMT during periods when actual VMT was growing rapidly and to over-predict at times when actual VMT growth was slowing or declining.”  https://bit.ly/2IxIYEa