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.
00:02:04

Forged on the frontier

George Washington is widely known as a general and president, but his early life remains obscured by myth, legend, and misunderstanding.
00:02:52

A bobblehead too far

The Orioles did not just hand out a bobblehead. They sent a message that the legacy of their own players is not enough to draw.

Congress fumbles college sports

College sports landscape is a dumpster fire and every sports reporter, broadcaster and fan believes Congress needs to stay out of it.

The Hating Game

The Democrat Party game show should be titled "The Hating Game", played by pitting one class, race, or identity against another for political power.
00:09:50

The Invasion Of The Ballot Snatchers

As election results loom, California faces ballot controversies in a real-life political drama that raises concerns about election integrity.

7 Deaths of Children Possibly or Probably From COVID-19 Vaccination: FDA

FDA experts concluded that COVID-19 vaccination probably or possibly resulted in the deaths of 10 children, before revising that number to seven, according to recently released documents.

Trump Admin Asks Court to Overturn Order Blocking RFK Jr’s Vaccine Panel Appointments

The Trump admin asked a federal appeals court to reverse a ruling blocking Health Sec. RFK Jr.’s appointment of 13 members to a key vaccine advisory panel.

Education Department to Temporarily Reduce Student Loan Interest Rate

DOE announced a 1 percent reduction in federal student loan interest rates for borrowers enrolled in automatic payments starting next month.

Appeals Court Blocks Trump Admin CFPB Staff Reduction Plans

A federal appeals court prevented the Trump administration from advancing with new plans to cut staffing at the Consumer Financial Protection Bureau.

Banning Hospitals’ Certain Contracts Could Save Americans $45 Billion, Report Finds

A ban on certain contracts between hospital systems and health insurers could save Americans around $45 billion, according to a report.
00:01:33

Trump Unveils New Air Force One Plane

President Trump unveiled the plane that will serve as the new Air Force One, a Boeing 747-8 luxury jet that was gifted to the US by the Qatari government in 2025.
00:01:27

Trump Threatens 100 Percent Tariff on French Wines Over Digital Services Tax

Trump threatened to impose a 100% tariff on French wines and champagne unless France eliminates its digital services tax on large American tech companies.

Trump Heads to G7 Summit in France: Here’s What to Expect

U.S. President Donald Trump is en route to France on June 15 to attend the annual G7 summit, just hours after announcing a deal with Iran.
spot_img

Related Articles

Popular Categories

MAGA Business Central