stop speeding aaa safety data analysis presentation - slides eric tang

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The Cost of Crashes vs. The Cost of Congestion Eric Tang, P.E., Cambridge Systematics Stop Speeding Summit November 19, 2010

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Page 1: Stop Speeding   AAA Safety Data Analysis Presentation - Slides Eric Tang

The Cost of Crashes vs. The Cost of Congestion

Eric Tang, P.E., Cambridge Systematics

Stop Speeding SummitNovember 19, 2010

Page 2: Stop Speeding   AAA Safety Data Analysis Presentation - Slides Eric Tang

Cost of Congestion in the New York Metropolitan Area

$8.0 Billion (2007)

Page 3: Stop Speeding   AAA Safety Data Analysis Presentation - Slides Eric Tang

Question...

Do you believe that the Cost of Congestion is greater than the Cost of Crashes?

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Page 4: Stop Speeding   AAA Safety Data Analysis Presentation - Slides Eric Tang

Geographic Definitions

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Page 5: Stop Speeding   AAA Safety Data Analysis Presentation - Slides Eric Tang

Traffic Fatalities and Injuries in the New York Metropolitan Area

In 2007:

– Over 1,000 fatalities in New York metro area

• 273 in New York City proper

– 200,000 injuries in New York metro area

– Comparison:

• 41,000 fatalities nationwide

• 2.5 million injuries nationwide

Page 6: Stop Speeding   AAA Safety Data Analysis Presentation - Slides Eric Tang

FHWA Crash Costs Estimation Comprehensive crash costs based on:

– Medically-related costs

– Emergency medical services

– Property damage

– Lost productivity

– Monetized Quality-Adjusted Life Years (QALYs)

Page 7: Stop Speeding   AAA Safety Data Analysis Presentation - Slides Eric Tang

Value of Fatalities and Injuries

Based on FHWA guidance document on comprehensive cost of crashes

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Severity of Crash 2007 dollars

Fatality $5,800,000

Injury $72,000

Page 8: Stop Speeding   AAA Safety Data Analysis Presentation - Slides Eric Tang

$1 to $5 billion

Cost of Crashes in the New York Metropolitan Area

$5 to $10 billion

$10 to $15 billion

$15 to $20 billion

Over $20 billion

Page 9: Stop Speeding   AAA Safety Data Analysis Presentation - Slides Eric Tang

Cost of Crashes in the New York Metropolitan Area

$20.2 Billion (2007)

Page 10: Stop Speeding   AAA Safety Data Analysis Presentation - Slides Eric Tang

Unreported Crashes

Crash data is as good as the agencies charged with producing the data

Property Damage Only (PDO) crash numbers may not reflect the actual number of PDO crashes due to threshold reporting for the state

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Page 11: Stop Speeding   AAA Safety Data Analysis Presentation - Slides Eric Tang

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Comparison To Other Cities (2005 data)

Examples Congestion Crashes L.A: $9.3 billion $10.6 billion New York: $7.4 billion $18.0 billion Chicago: $4.0 billion $8.4 billion Miami: $2.7 billion $7.8 billion D.C: $2.3 billion $5.1 billion

Page 12: Stop Speeding   AAA Safety Data Analysis Presentation - Slides Eric Tang

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Comparison To Other Cities (2005 data)

Examples Congestion Crashes Rochester: $64 million $1.0 billion Albany: $86 million $825 million Buffalo: $112 million $1.1 billion Hartford: $166 million $1.3 billion Bridgeport: $280 million $955 million New Haven: $104 million $1.1 billion

Page 13: Stop Speeding   AAA Safety Data Analysis Presentation - Slides Eric Tang

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Ratio of Costs (2005 data)

Ratio Crash Cost/Congestion Cost NYC: 2.44 Albany: 9.46 Buffalo: 9.74 Rochester: 15.85

Page 14: Stop Speeding   AAA Safety Data Analysis Presentation - Slides Eric Tang

Conclusions

The cost of crashes is 2.5 times more than the cost of congestion (2005 data)

Congestion: $67.6 billion

Crashes: $166.7 billion

You can develop your own Cost of Crashes analysis for any geographical area and educate the public

Speed not only kills – it also costs…

Page 15: Stop Speeding   AAA Safety Data Analysis Presentation - Slides Eric Tang

Thank You!Eric Tang

o Cambridge Systematics, Inc.

o (510) 873-8700

o [email protected]

Visit us at www.camsys.com

Engage with us on Twitter @ Camsys

Ask us questions @ http://facebook.com/Camsys