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Thursday, October 16, 2014

U.S. Set to Blow $2.8 Trillion by Sitting in Traffic

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Congestion will cost the U.S. $2.8 trillion over the next 16 years. It’s a boggling figure – but that’s exactly what a new report by the Seattle-based INRIX and the Centre for Economics and Business Research(CEBR) has found. The direct and indirect costs of staring at tail lights and picking our noses reached $124 billion last year, and that figure is set to rise by 50 percent to $186 billion per year in 2030.


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