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COVID-19 Pandemic Drops 2020 Household Spending on Transportation by Nearly 14%
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2021-09-23
[PDF-428.87 KB]
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Abstract:With the onset of the COVID-19 pandemic in early 2020 and the arrival of lockdowns and other protective measures, household spending on transportation declined 13.6% from 2019 to 2020. As Americans drove fewer commutes and took fewer trips, the average U.S. household spent $9,645 moving around in their everyday lives in 2020, dropping from $10,960 in 2019.
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