Some say increased traffic congestion is a sign of strengthening economy

If traffic congestion is a good indicator of the health of the economy, then some economists’ recent concerns about hitting a so-called “soft patch” during the current quarter may be unfounded.

A new Gridlock Index from the traffic information provider Inrix shows overall levels of U.S. traffic jumped by more than 9% during April compared to a year ago, the second largest year-over-year increase recorded on record.

“The latest IGI shows the U.S. economy is getting back to business,” says Bryan Mistele, CEO of Inrix. “However, the pattern we’re seeing in our data shows that the economies in some regions, like the Midwest, are accelerating while others are stuck in a lower gear.”

Overall U.S. gridlock levels grew by 9.4% from…Read More

traffic increase