Fixing Houston's Worst Traffic Bottlenecks Would Yield $18B in Benefits
13 April 2000
Fixing Houston's Worst Traffic Bottlenecks Would Yield $18 Billion in Economic Benefits, Study FindsAmerican Highway Users Alliance Documents Savings in Personal Time, Commercial Time, Fuel, Safety and Environment WASHINGTON, April 13 A report released today by the American Highway Users Alliance finds that Houston-area residents and commuters would reap a total of $18 billion in economic benefits if needed improvements were made on the US-59 (Southwest Freeway) at the I-610 Loop Interchange and the I-610 at the I-10 Interchange. Completing those improvements would result in individual savings for commuters using the bottlenecks of up to $954 per year, according to the report. At a time when consumers are feeling the pinch of both the April 15 tax deadline and soaring gas prices, the data from the Highway Users' report shows the value of investing in improving America's traffic bottlenecks. The study details the substantial payoff to businesses and consumers from completing congestion-busting highway projects -- not only in gas savings, but in reduced environmental emissions, fewer traffic accidents, and time savings. The report, Saving Time, Saving Money: The Economics of Unclogging America's Worst Bottlenecks, assesses the economic impact of the impressive gains from bottleneck improvements identified in Unclogging America's Arteries: Prescriptions for Healthier Highways, a 1999 report performed by Cambridge Systematics for the Highway Users. According to the report, Saving Time, Saving Money "gives transportation officials, policy makers and the public a clearer understanding of the significant social and economic rewards to be reaped by improving traffic flow at key choke points." Unclogging America's Arteries identified and analyzed the 166 worst bottlenecks in America, and included two from the Houston area in its list of the top 17 bottlenecks in the country. Saving Time, Saving Money has taken those findings the next step and assigned monetary values to the time and fuel savings, safety improvements and environmental benefits. "This report shows that these bottlenecks aren't just a nuisance, but a major drain on Houston's economy and the personal productivity of its citizens," said Harris County Judge Robert Eckels. "With so much to be gained, we need to find a way to streamline the process so that everyone can begin reaping these benefits." The report points out that commuters and citizens nationwide would enjoy more than $336 billion in economic benefits from improvements to the nation's worst bottlenecks. The average commuter traveling through one of these 166 worst bottlenecks twice each workday could expect to save approximately $345 each year in time and fuel alone, if improvements were made. "We need to move quickly to fix these bottlenecks," Eckels said. "The opportunity cost of delays -- in wasted time and fuel, highway accidents, and tailpipe emissions that could be avoided if improvements were completed now rather than later -- is staggering." The report estimates that a three-year delay in undertaking needed improvements to the 166 bottlenecks yields an opportunity cost of nearly $30 billion. "The good news, however," Eckels continued, "is that there's hope for curing congestion on our highways -- which will save lives, improve the environment and create more free time to spend with our families and friends." Note: The attached fact sheet provides a breakdown of the savings from improvements to Houston's traffic bottlenecks. Details on the methodology for deriving the figures are included in the report, which is available at http://www.highways.org . HOUSTON FACT SHEET From "Saving Time, Saving Money" American Highway Users Alliance Study April 13, 2000 Bottleneck descriptions at a glance US-59, known locally as the Southwest Freeway, runs from Laredo on the Mexican border through the center of downtown Houston. It is heavily used by local and through traffic and, as a North American Free Trade Agreement trade corridor linking Mexico, the industrial northeastern United States, and Canada, carries a significant amount of truck traffic. It is also a major commuter route between Fort Bend County and Houston. Fort Bend is projected to grow at a rate faster than the rest of the region over the next 20 years. Traffic volumes on US-59 through the interchange are the second highest in the country. I-610 was Houston's original "beltway." With the construction of the Sam Houston Parkway-a perimeter highway further out-I-610 now serves as an inner beltway. I-610 was Houston's original "beltway." With the construction of the Sam Houston Parkway-a perimeter highway further out-it now serves as an inner beltway. I-10, known locally as the Katy Freeway, is one of the nation's major east-west interstates, running from California to Florida. It is also a major commuter route to downtown Houston from both eastern and western suburbs. Savings from Improvements Listed below are the total economic benefits to be derived from improvements to Houston's two worst bottlenecks. The economic values listed for each of the bottlenecks are cumulative over the construction period and the 20-year useful life of the project. The "individual savings" identify the amount that a typical commuter traveling through the bottleneck twice each workday would save in time and fuel. US-59 (Southwest Freeway) at the I-610 Loop Interchange Personal Time Savings: $5.8 billion Commercial Time Savings: $2.5 billion Fuel Savings: $890 million Safety Savings: $710 million Environmental Savings: $460 million (greenhouse gases) $240 million (air pollution) Total Savings: $11 billion Individual Savings: $954/year for a typical commuter Houston fact sheet, continued I-610 Loop at the I-10 Interchange Personal Time Savings: $3.8 billion Commercial Time Savings: $1.6 billion Fuel Savings: $580 million Safety Savings: $540 million Environmental Savings: $300 million (greenhouse gases) $140 million (air pollution) Total Savings: $7 billion Individual Savings: $788/year for a typical commuter