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INRIX Projects Annual Cost of Gridlock

Today INRIX completed a study with the Center for Economics and Business Research (Cebr) projecting the combined annual cost of traffic gridlock in Europe and the US will soar to $293 billion by 2030 if nothing significant is done to address it.  This is almost a 50% increase from 2013, driven mainly by urban population growth and higher living standards as a result of increased GPD per capital.

What can be done?  The key is to make data-driven decisions.  Drivers make better decisions about when to drive and where to drive if they have real-time information available to them.  Too often governments make decisions based on politics and not data about what will have the biggest impact on reducing congestion.

Better data = better decisions = reduced congestion.  At INRIX, we’re trying to do our part to provide this.