Sunday, May 27, 2007

U-Haul Update

I have posted several times about U-Haul rates for one-way truck rentals reflect supply and demand, relative moving patterns due to relative economic conditions, etc. Michigan currently has the highest unemployment rate in the country of 7.1% for April, and Michigan has been losing jobs since 2000. Michigan's job-loss streak hit six years in 2006, a string unprecedented since World War II. Over the past six years, Michigan's economy has lost a total of 308,900 jobs. The state's manufacturing workforce has declined by about 25 percent during this time.

As might be expected, there are a lot more people moving OUT of Michigan than moving INTO Michigan, and that is reflected in the following current
quotes from U-Haul for one-way rentals of a 26-foot truck in June:

Ann Arbor, Michigan to Atlanta: $1925
Atlanta to Ann Arbor, Michigan: $556

Ann Arbor, Michigan to Birmingham, AL: $1481
Birhmingham, AL to Ann Arbor, Michigan: $642

Ann Arbor, Michigan to Salt Lake City: $2048
Salt Lake City to Ann Arbor, Michigan: $989

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