Cnbc
@cnbc·4.2M subscribers·16.1K videos
How Much Do Traffic Jams Cost The U.S. Economy?
Posted
December 23, 2019
Views
402,278
Likes
6,033
Comments
1,229
Engagement
1.81%
December 23, 2019
402,278
6,033
1,229
1.81%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
10:13Now PlayingIf you’re like the 76% of Americans who drive to work alone, you’ve probably commuted in stop-and-go traffic with no end in sight. Then, when the road finally clears, you realize there was no reason for traffic to be stopped in the first place.
Experts call them “phantom traffic jams,” moments when traffic grinds to a standstill for no apparent reason.
That traffic comes at a big cost, in both time and money. A new study found the average urban commuter spends about 54 hours each year sitting in traffic. It also costs the U.S. economy a grand total of $179 billion each year, according to the Texas A&M Transportation Institute.
» Subscribe to CNBC
» Subscribe to CNBC TV
» Subscribe to CNBC Classic
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news
Follow CNBC on LinkedIn
Follow CNBC News on Facebook
Follow CNBC News on Twitter
Follow CNBC News on Instagram
#CNBC
How Much Do Traffic Jams Cost The U.S. Economy?
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
