INRIX Traffic Data Shows Improving Economy

The latest INRIX Gridlock Index (IGI), which began in December, shows traffic increased 9.8 percent in February compared to the same month in 2012, continuing an “upward trend” that began last summer.  Traffic congestion across the U.S. increased in December, January, and February. It’s the strongest sustained increase in the last two years and another that the U.S. economy is in recovery.  “People hit the road as they return to work, and businesses ship more freight as their orders increase,” INRIX CEO Bryan Mistele says in a statement. “IGI shows the pulse of the economy is starting to beat faster.”

Source: Benjamin Romano, Xconomy, March 29, 2013.

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