YoY Variations:
- 2024 - 2025: 0.56%
- 2025 - 2026: 0.55%
- 2026 - 2027: 0.53%
- 2027 - 2028: 0.52%
CAGR (2024-2028): 0.54%
Over the next five years, the forecasted national movement of motor vehicles in the US is expected to grow at a moderate pace with a compound annual growth rate (CAGR) of 0.54%. This indicates a stable and incremental increase in vehicle kilometers traveled. Future trends to watch include the impact of electric vehicle (EV) adoption, advancements in autonomous driving technology, and potential legislative changes aimed at reducing carbon emissions, which could all significantly influence vehicle movement patterns.
