The future of public transit?

by Tyler Cowen December 30, 2022 at 2:57 am in

Data Source
Travel

Another indicator that #WFH is permanent: public transit journeys stabilizing at 35% below 2019 levels.

This raises concerns over the survival of public transit systems. Costs are heavily fixed – think train and subway networks – but revenue is way down with 35% less journeys. pic.twitter.com/JnJtuPYCg5

— Nick Bloom (@I_Am_NickBloom) December 29, 2022

Via the excellent Samir Varma.