The Economist explains: The cost of traffic jams | The Economist:
"...The Centre for Economics and Business Research, a London-based consultancy, and INRIX, a traffic-data firm, have estimated the impact of such delays on the British, French, German and American economies. To do so they measured three costs: how sitting in traffic reduces productivity of the labour force; how inflated transport costs push up the prices of goods; and the carbon-equivalent cost of the fumes that exhausts splutter out. In 2013 the expenses from congestion totalled $200 billion (0.8% of GDP) across the four countries. As roadbuilding fails to keep up with the increasing numbers of cars on the road, that figure is expected to rise to nearly $300 billion by 2030. Two-thirds of the costs incurred are the result of wasted fuel and time that could be better spent elsewhere, and the remainder from increased business expenses...." (read more at link above)
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