Stock Markets April 1, 2026

U.S. Road Deaths Drop to Lowest Level Since 2019, NHTSA Reports

Fatalities fall across the board as official rate declines to near-historical lows; costs to taxpayers and society remain substantial

By Ajmal Hussain
U.S. Road Deaths Drop to Lowest Level Since 2019, NHTSA Reports

The National Highway Traffic Safety Administration reported that U.S. traffic fatalities declined 6.7% to 36,640, bringing the fatality rate to 1.10 deaths per 100 million vehicle miles traveled - the second-lowest rate on record. After a surge in road deaths during the COVID-19 pandemic, this marks the fourth consecutive year of declines, but pedestrian and cyclist fatalities had previously climbed to multi-decade highs. Federal investment and the agency's renewed safety focus accompany continuing concerns about the broader societal costs of crashes.

Key Points

  • NHTSA reports U.S. traffic deaths fell 6.7% to 36,640 and the fatality rate dropped to 1.10 deaths per 100 million vehicle miles traveled - the second-lowest rate on record.
  • This decline follows a pandemic-era surge in fatalities, which saw a 10.8% jump in 2021 to 43,230 and multi-decade highs for pedestrian and cyclist deaths; the recent year represents the fourth straight annual decline.
  • Congress allocated $5 billion over five years under the 2021 infrastructure law to improve road safety; crashes carry large economic costs, estimated at $30 billion to taxpayers, $340 billion to society, and $1.37 trillion when quality-of-life losses are included.

The National Highway Traffic Safety Administration (NHTSA) reported that traffic deaths in the United States fell 6.7% to 36,640 last year, bringing the fatality rate down to 1.10 deaths per 100 million vehicle miles traveled, the agency said. That rate is the second-lowest in U.S. history and the total number of fatalities is the lowest since 2019.

The data follow a sharp rise in U.S. road deaths during the COVID-19 pandemic. Fatalities spiked 10.8% in 2021, reaching 43,230 - the largest single-year increase since 2005. During that period, pedestrians and cyclists killed on American roads rose to their highest levels in more than four decades.

Jonathan Morrison, who leads the U.S. auto safety agency, said the agency is "doubling down on safety strategies that reduce risky driving behaviors before they cost lives." That backing of targeted safety measures accompanies a broader downward trend: this is the fourth straight year of declines. The NHTSA noted that traffic deaths fell 3.8% in 2024 to below 40,000 for the first time since 2020.

Experts have linked part of the pandemic-era rise in fatalities to changes in road conditions and driver behavior. As roads became less crowded during the pandemic, some motorists perceived police as less likely to issue citations, a perception that contributed to riskier driving behavior, according to the assessment cited by the agency. Separately, some drivers were more likely to operate vehicles while impaired by alcohol or drugs consumed at home during the pandemic.

The U.S. fatality rate climbed to levels well above those of other developed nations during the pandemic years, the NHTSA said, underscoring the scale of the problem at its peak even as recent years have seen improvement.

On the policy side, Congress authorized $5 billion over five years as part of the 2021 infrastructure law, which totaled $1 trillion, to address road safety concerns. That federal investment is aimed at supporting measures designed to reduce crashes and fatalities.

Separately, a 2023 NHTSA study quantified the economic burden of crashes. The study estimated that crashes directly cost taxpayers $30 billion and imposed $340 billion in costs on society more broadly. When quality-of-life valuations were included, the total societal cost rose to $1.37 trillion, an amount the study equated to 1.6% of U.S. economic output.

While last year’s figures mark a significant decline from the pandemic-era peak, the agency and other observers emphasize continued attention to behaviors and policies that contribute to fatalities, alongside federal funding intended to support road safety improvements.

Risks

  • Persisting risky driving behaviors - the report notes that perceptions of reduced enforcement and increased driving while impaired during the pandemic contributed to higher fatalities, indicating behavioral risks remain relevant - impacts transportation, public safety, and insurance sectors.
  • Substantial economic costs from crashes - with direct taxpayer costs and broader societal losses measured in the hundreds of billions, crashes pose fiscal and economic risks that affect government budgets and health care and insurance markets.
  • Uneven international performance - the U.S. fatality rate rose much higher than other developed nations during the pandemic, highlighting comparative vulnerability that could complicate efforts to sustain long-term improvements in road safety and influence regulation and infrastructure priorities.

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