27 Jan '14, 7am

@bhogleharsha A USA based study. Loss is aprox $87b in 2007:

The recently released 2009 Urban Mobility Report published by the Texas Transportation Institute tracks a quarter century of traffic patterns in 439 U.S. urban areas from 1982 through 2007. The report was prepared by researchers David Schrank and Tim Lomax. According to the report, travelers spent one hour less stuck in traffic in 2007 than they did in 2006 and wasted one gallon less gasoline than the year before. The differences, though small, point to a break in near-constant growth in traffic over 25 years. Other highlights from the research illustrate the effects of the nation's traffic problems. The overall cost (based on wasted fuel and lost productivity) reached $87.2 billion in 2007 - more than $750 for every U.S. traveler. The total amount of wasted fuel topped 2.8 billion gallons - three weeks' worth of gas for every traveler. The amount of wasted time totaled 4....

Full article: http://www.metro-magazine.com/news/story/2009/07/report-e...

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