Monday, October 27, 2008
Traffic as an economic indicator
Declining gasoline prices notwithstanding, traffic on Southern California's highways seems to have fallen off dramatically. Is that because habits of conservation learned in the last year have become, well, habits, or is it just another sign that the economy is in a power dive?
4 Comments:
By 
Anthony, at
Mon Oct 27, 05:58:00 PM:
From my little corner, I was noticed the buses becoming more crowded when gas hit $4 per gallon, before the economic meltdown. But I also live near the 405, and traffic there hasn't seemed any less.
By Eli, at
Mon Oct 27, 07:01:00 PM:
Same thing happened when I lived in San Jose during the Dot Com meltdown. It was nice not having to fight as much traffic.
By 
, at
Mon Oct 27, 08:43:00 PM:
Slightly off topic but traffic hasn't seemed to decline any here in my corner of Nebraska. There is a Good Year rubber hose plant in the area. Heard from an employee that they made over 5 million feet of hose last year. This year they have made under two million. The second shift has been laid off.
By , at
Mon Oct 27, 10:50:00 PM:
In Texas and Louisiana I-10 is busier than ever. We traveled a good part of it this month and were hoping traffic would be down a little, it wasn't. Our gas prices are very much lower, presently 2.07 in our town, much higher 2.50 or more in Louisiana.
