Leading the World in Wasted Time

March 17, 2016

phil

Lifestyle, News

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Leading the World in Wasted TimeAmerica leads the world in economic productivity, total economic output, earnings and wealth per citizen and a variety of other categories.  Now we can add something new to the list: time spent in automobiles during our daily commutes to work.

The annual Traffic Scorecard compiled by INRIX in Kirkland, WA reveals that the average automobile commuter spends nearly 50 hours a year stuck in traffic—more than Belgium (44 hours), the Netherlands (39 hours), Germany (38 hours), Luxembourg (33 hours), Switzerland (30 hours), Britain (30 hours) and France (28 hours).  Among major cities, only London (101 hours) beats the largest American cities, led by Los Angeles, where people spent an extra 81 hours in rush hour congestion last year.

In all, U.S. commuters wasted an aggregate of eight billion extra hours stuck in traffic—more than an entire workweek per year per worker.

Source:

http://www.forbes.com/sites/jimgorzelany/2016/03/15/the-most-traffic-clogged-cities-in-the-u-s/?utm_campaign=Forbes&utm_source=TWITTER&utm_medium=social&utm_channel=Business&linkId=22304270#31eb855b7750

 

Post by Phil Ratcliff

Phil Ratcliff, President of rebel Financial, is a senior financial advisor that holds an AIF®, CFP®, ChFC®, and CLU® certifications. He started his career at American Express Financial Advisors in 2003, then moved to AXA Advisors for 7 years before founding rebel Financial LLC in 2013.