CAWP News Issue 7-10

AGC Survey Shows Traffic Congestion Costs Firms an Estimated $23 Billion Yearly

Traffic congestion and the delays it causes are costing the nation's construction firms an estimated $23 billion each year, according to a new analysis released Thursday by AGC. During a media event in Minneapolis, AGC warned there is no relief in sight as Congress is months late in passing six-year federal transportation legislation, prompting more pain for the hard-hit construction industry.

The new analysis was based on responses from nearly 1,200 AGC member construction firms. A staggering 93 percent of firms reported that traffic and congestion were affecting their operations. Meanwhile, nearly two-thirds of firms lose at least one day of productivity per worker per year due to traffic congestion, equaling 3.7 million days of lost productivity industry-wide each year.

Click Here to read the full press release, as well as survey data.