INRIX collaborated with the Centre for Economics and Business Research (CEBR) to develop the report on the environmental and economic impact of congestion. The report quantifies the cost of traffic congestion on individual households and national economies in the U.S., U.K., France and Germany.
The reports indicate that in 2013, traffic congestion cost the US economy $124 billion. Without significant changes to mitigate congestion, this cost is expected to increase 50 percent to $186 billion by 2030. The report projects the cumulative cost over the 17-year period is projected to be $2.8 trillion – the same amount Americans collectively paid in US taxes last year.
To access the report, a webinar and info graphic on the research go to http://www.inrix.com/economic-environment-cost-congestion/