Terrific Traffic
03/13/2014 | | econ70, Economic forecasting, economist on radio, economist on TV, eisenberg and economics, Eisenberg and housing economics, Eisenberg and public speaking, Elliot eisenberg, funniest economist, funny housing economist, Graphsandlaughs, graphsandlaughs and eisenberg, housing sales, MLS, mortgage banking, Multiple listing service, politics and economics, Public speaking economist, traffic and economic recovery
In an incontrovertible sign of economic improvement, road congestion is rising. Nationwide, traffic was up 6% in 2013 and traffic jams increased in 61 of the nation’s 100 largest cities compared to just six cities in 2012. The bulk of the rise is attributable to increased truck traffic, not passenger vehicles. LA drivers nabbed top spot sitting in traffic for 64 hours in 2013. Honolulu was next at 60.