With drivers in our world’s worst traffic cities wasting more than 60 hours in traffic last year, the frustrating impact of traffic congestion on our time has been known for some time. However, new research we just completed shows there’s a hidden cost to traffic congestion that shows gridlock on the world’s roads is more […]
What Do Obama’s Priorities for Connected Infrastructure Mean for Transportation? U.S. President Barack Obama took a tour of Turner-Fairbank Highway Research Center in McLean, VA last week, where automakers and government researchers are developing new technologies that enable cars to wirelessly communicate with each other and their surrounding infrastructure. “As a father of a daughter […]
Economists, businesses and the American public have all been watching the U.S. Federal Reserve very closely in recent months for any indication of when it might begin to remove the unprecedented support it has provided the U.S. economy since the start of the financial crisis. Increased traffic levels in recent months indicate that while the time for such action might be near, the Fed will have to walk a very fine line as it considers tapping on the brakes.