Economic Research: Millennials Are Creating Unsafe Conditions On U.S. Roads--But Not In The Way You Might Think - S&P Global Ratings’ Credit Research

Economic Research: Millennials Are Creating Unsafe Conditions On U.S. Roads--But Not In The Way You Might Think

Economic Research: Millennials Are Creating Unsafe Conditions On U.S. Roads--But Not In The Way You Might Think - S&P Global Ratings’ Credit Research
Economic Research: Millennials Are Creating Unsafe Conditions On U.S. Roads--But Not In The Way You Might Think
Published Oct 19, 2015
Published Oct 19, 2015
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Abstract:

As banks, retailers, and consumer products companies continue their well-documented scramble to court so-called Millennials, the lifestyle choices of this newly adult generation are having a profound effect on a lesser-explored area of the U.S. economy: infrastructure. In the simplest terms, Millennials (which Pew Research defines as Americans born from 1982-2000, and called Generation Y by some) are driving less than older motorists did when they came of age--and when they do get behind the wheel, they are generally in smaller, more fuel-efficient cars. This, in turn, has curbed revenues from the federal gasoline tax, the primary source of funding for the Federal Highway Trust Fund, which is the backbone of the country's surface transportation infrastructure. This drop in funds

  
Report Type:

Commentary

Sector
Global Issuers, Public Finance, Structured Finance
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Economic Research: Millennials Are Creating Unsafe Conditions On U.S. Roads--But Not In The Way You Might Think" Oct 19, 2015. Alacra Store. Dec 09, 2019. <http://www.alacrastore.com/s-and-p-credit-research/Economic-Research-Millennials-Are-Creating-Unsafe-Conditions-On-U-S-Roads-But-Not-In-The-Way-You-Might-Think-1466968>
  
APA:
S&P Global Ratings’ Credit Research. (). Economic Research: Millennials Are Creating Unsafe Conditions On U.S. Roads--But Not In The Way You Might Think Oct 19, 2015. New York, NY: Alacra Store. Retrieved Dec 09, 2019 from <http://www.alacrastore.com/s-and-p-credit-research/Economic-Research-Millennials-Are-Creating-Unsafe-Conditions-On-U-S-Roads-But-Not-In-The-Way-You-Might-Think-1466968>
  
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