Traffic Cost U.S. $114.8 Billion in 2009, Texas Institute Says
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Traffic congestion cost the U.S. $114.8 billion in time and fuel in 2009 as the average urban driver spent the equivalent of four work days waiting in cars, according a report by the Texas Transportation Institute.
The cost of congestion increased 1.2 percent from a year earlier, excluding the cost of longer delivery times and missed meetings, the institute said in its annual Urban Mobility Report today. Chicago and Washington tied for the most congested urban area with commuters delayed by 70 hours a year on average because of traffic, according to the study.