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.

Louisiana Voters Reject Cassidy and His Costly Healthcare Policies

On Saturday, incumbent U.S. Senator Bill Cassidy (R-LA) finished in a distant third place in the Louisiana Republican primary with only 24% of the vote.

The Illusion of Ceasefire

Western diplomacy often views ceasefires as steps toward peace. Hybrid terrorist movements often use them to regroup, recover, reorganize, and strengthen for future conflict.

Mr. CIA COVID ‘Whistleblower’ Goes to Washington

The real question: How could an active CIA agent “blow the whistle” on the agency he works for all of his own volition?

South Korea Will Remain A Key Part Of The US’ Chinese Containment Plans

Trump-Xi optimism dimmed after a quieter U.S.-South Korea defense meeting in Washington raised doubts about easing Sino-US tensions.

When Institutional Language Becomes Policy

Frequency, tone, repetition, thematic emphasis, and omission can now be studied across large bodies of text. Patterns once dismissed as anecdotal can be analyzed and tested.

Judge Allows Gun Found in Mangione’s Backpack to Be Used as Evidence

The judge in the United Healthcare CEO Brian Thompson’s fatal shooting case ruled that prosecutors are allowed to use the alleged gunman’s weapon in the upcoming trial.

US Issues Travel Advisories Over Ebola Outbreak in Congo

The CDC released an alert over an outbreak of a strain of the Ebola virus in the DRC as the UN health body declared it an international emergency.

Trump Drops $10 Billion Lawsuit Against IRS

President Trump’s attorneys filed a court notice voluntarily dismissing his $10 billion lawsuit against the IRS and the U.S. Treasury Department.

TrumpRx Expanded to Offer 600 Generic Drugs

Consumers can now find more than 600 discounted generic medications through TrumpRx.gov and have them delivered to their homes.

Trump Heading to China for High-Stakes Summit With Xi

President Trump is set to depart Washington for China, where he will meet with Chinese leader Xi Jinping for a high-stakes summit.

Tech, Business Leaders Set to Accompany Trump on China Trip

President Trump is bringing a delegation of business executives when he travels to China for a summit with Chinese Communist Party leader Xi Jinping.

Trump Nominates FEMA Lead Fired From Role a Year Ago

The WH released a list of nominees for various positions across the federal government, including former Navy SEAL Cameron Hamilton to take over aa lead.

What to Know About Trump’s Presidential Fitness Test Award Revival

In the coming academic year, old-fashioned calisthenics, timed runs, and the spirit of competition could return to many public schools.
spot_img

Related Articles

Popular Categories

MAGA Business Central