Chart of the Day: US Public Transit Still in Stall Mode

5Mind. The Meme Platform

One thing that has not recovered to near pre-pandemic levels is ridership on mass-transit systems. Ridership has increased from the total collapse in the spring of 2020 but has remained far below pre-pandemic levels. This has been the case also at Bay Area Rapid Transit (BART) in San Francisco.

Ridership on BART has gotten crushed by working from home due to Covid. Ridership has not recovered well from these very low Covid levels. Average ridership per month as measured by exits:

  • In 2021, 2.05 million per month, -79% from 2019.
  • In 2022, 3.45 million per month, -65% from 2019.

See the historical trend in the chart below and learn more here.

According to BART estimates released in October 2022 (PDF), due to the collapse in operating revenues (from fares), BART will have massive operating losses – $287 million in fiscal 2022, $335 million in fiscal 2023, $316 million in fiscal 2024, etc.), which will deplete the $1.6 billion in pandemic federal assistance it received by fiscal 2026. And then what?

How is public transportation doing nationally? After falling to 20% of pre-pandemic levels in April 2020, total nationwide public transit ridership has yet really to recover, according to the American Public Transportation Association (APTA). See the historical trend in the chart below and learn more here.

Though public transportation systems vary across the nation, this brings us to ask the question of why US public transportation overall is still in Covid recovery mode. Below might be a few reasons.

  • The most obvious reasons are that many large companies implementing work-at-home schemes during Covid continue with them, though many businesses are pulling back on some of these schemes.
  • Despite seemingly good job reports, they are not good enough. Additional layoffs, especially in the tech sector, are in the cards as the US faces recession possibilities in 2023.

As with the BART system in San Franciso, this means yet another item that risks becoming another budget bust, even default, that will put local governments under pressure. Watch for more Federal bailouts to come.

Perhaps you can think of more reasons why US public transit has not fully recovered. Give us your take in the comment section below.

Contact Your Elected Officials
Right Wire Report
Right Wire Reporthttps://rightwirereport.com/
Right Wire Report was a group of concerned citizens who took action to promote traditional values and work for a better America.

The Rise of the Narcissist

Narcissism once applied to a handful of unusually self-absorbed individuals, but now seems to apply to an entire generation. How did we got here?

The ‘But Aluminum in Tea’ Vaxx Industry Lie, Debunked

Aluminum from injections (vaccines) is embedded into organs and tissues and exponentially outstrips the rate of absorption via consumption.

The $40 million mulligan

Virginia Tech drew attention by hiring James Franklin as its new coach, a surprising move given he was fired just over a month ago.

Seditious Silliness

A group of Democrats just posted a video in which they remind all US military personnel that they have the right to ignore "illegal" orders.

Ukraine’s Corruption Scandal Might Pave The Way For Peace If It Takes Yermak Down

“This week’s events prompt re-evaluation as ruling party members demand the resignation of Chief of Staff Andrey Yermak, alleging he knew about the racket.”

Safety Board Releases Images Showing Engine Separating From UPS Plane Before Fatal Crash

NTSB released images showing UPS Flight 2976’s left engine detaching in a fiery moment during its Nov. 4 takeoff attempt in Louisville.

Federal Judge Orders Trump Admin to End Deployment of National Guard in DC

A federal judge on Nov. 20 ordered the Trump administration to end its deployment of National Guard troops in the nation’s capital.

Child Care Costs Higher Than Rent for Millions of Americans, Analysis Finds

Millions of Americans pay more for child care than rent every month, according to a new analysis by online lending marketplace LendingTree.

Few Americans Want to Get a New COVID Vaccine: Survey

A majority of adults in a new survey have said that they do not want to get an updated COVID-19 vaccine.

Trump Calls for ‘Federal Standard’ for AI, Stopping States From Creating Their Own Rules

Trump alleged that some states are trying to embed diversity, equity, and inclusion ideology into AI models, but did not specify which states or how.

Trump Suggests Death Penalty for Democrats Who Called for US Troops to Defy ‘Illegal Orders’

Trump condemned six Democrats for urging troops to defy orders, calling their actions seditious and deserving harsh punishment.

Trump Signs Bill to Release Epstein Files

President Donald Trump on Nov. 19 signed into law a bill to release the files surrounding deceased sex offender Jeffrey Epstein.

Trump Nominates 20-Year ATF Veteran to Be New Director

President Trump has nominated a 20-year veteran of the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), Robert Cekada, to be its new director.
spot_img

Related Articles

Popular Categories

MAGA Business Central