Thursday, June 19, 2014

The cost of roadway mayhem

The National Highway Traffic Safety Administration (NHTSA) recently released a report on the cost of motor vehicle crashes, New NHTSA Study Shows Motor Vehicle Crashes Have $871 Billion Economic and Societal Impact on U.S. Citizens.
The U.S. Department of Transportation's National Highway Traffic Safety Administration (NHTSA) today released a new study that underscores the high economic toll and societal impact of motor vehicle crashes in the United States. The price tag for crashes comes at a heavy burden for Americans at $871 billion in economic loss and societal harm. This includes $277 billion in economic costs – nearly $900 for each person living in the United States based on calendar year 2010 data — and $594 billion in harm from the loss of life and the pain and decreased quality of life due to injuries.

Pedestrians and Bicyclists: Crashes involving pedestrians and bicyclists accounted for 7 percent of the total economic loss and cost the nation $19 billion in 2010. Including lost quality of life, these crashes were responsible for $90 billion or 10 percent of the overall societal harm caused by motor vehicle crashes.
If you want to talk about funding ped and bike projects based on their mode share, we should be spending at least 7% of our transportation funding on creating safe conditions for bicyclists and pedestrians. See the full report.

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