More than Six in Ten Unhappy with Obama on Deficit… Handling of Economy at New Low

Most highway expansion benefits are captured by consumers; it increases their mobility, allowing motorists to live in more distant suburbs and exurban areas. Only a small portion of these benefits are captured by businesses since commercial vehicles represent only a small portion of total traffic. Although some industrial trends, such as just-in-time production, increase the importance of road transport, other trends, such as telecommunications that substitute for physical travel, reduce its importance. More efficient roadway management, such as congestion pricing, can provide greater economic benefits by allowing higher-value trips (such as freight deliveries and business travel) to outbid lower value.

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