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.

REP. JASMINE CROCKETT WINS 2025 TURKEY OF THE YEAR AWARD

“Our Ringside Politics shows annually award a ‘Turkey of the Year’ to a politician, bureaucrat, or celebrity especially deserving the distinction.”

CDC to Nuke Newborn Hepatitis B Vaccine Recommendation?

ACIP will consider the case against giving hepatitis B vaccines to newborns whose mothers are not infected, arguing the shots may be unnecessary.

Ukraine’s Anti-Corruption Investigation Is Turning Into A Rolling Coup

Russian Ambassador Rodion Miroshnik claims Yermak was dismissed to shield Zelensky as pressure mounts from an ongoing investigation.

An Unseen Tale of Marjorie Taylor Greene

The sudden resignation of Georgia Republican Representative Marjorie Taylor Greene has had journalists and political pundits pondering.

The highway’s hidden hazards

America’s highways, already a patchwork of potholes and billboards, face a deeper crisis in illegal drivers.

What to Know About the ‘764’ Online Predator Network and the Federal Crackdown

DOJ officials are attempting to crack down on an online predator network known as “764,” as online exploitation of vulnerable groups increases.

Afghan Parolee Charged With Terroristic Threat

The case, in addition to a recent shooting of...

Cartels Are Scrambling as Fentanyl Precursor Supply From China Dries Up: FBI Director

Beijing halted fentanyl precursor exports, leaving cartels in Mexico, Venezuela, and Colombia scrambling for alternatives that don’t exist.

Trump Says He Will Pardon Ex-Honduran President Convicted by Jury in US Drug Case

President Trump grants a full pardon to ex-Honduran President Juan Orlando Hernandez, who is serving 45 years in the U.S. for drug and firearms convictions.

Trump Says He Is Canceling All Biden Executive Orders Signed With Autopen

President Trump announced he is revoking executive orders and other presidential actions previously signed by former President Joe Biden using an autopen.

Trump Says US May Cut Income Tax Completely in Next Couple of Years Due to Tariff Income

Trump said the U.S. could end income taxes within a few years, citing tariff revenue as the reason such a shift might be possible.

USCIS Stops Processing All Afghan Immigration Requests After DC National Guard Shooting

USCIS has stopped processing all immigration requests relating to Afghan nationals indefinitely pending further review of security and vetting protocols,
spot_img

Related Articles

Popular Categories

MAGA Business Central