FHWA twice revised VMT forecasts downward in 2014

Last year, after nearly a decade of declining automobile use, several key agencies revised their forecasts of future travel demand. FHWA’s annual Conditions & Performance report to Congress has grossly overestimated future growth in vehicle travel demand since as early as 1999. However, in its 2013 report released last February, FHWA included a low-end scenario in which the annual growth rate was reduced. Then in May the agency released a separate report containing even lower predicted annual growth rates.