US Study: One year of road crashes cost society $340 billion

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US Study: One year of road crashes cost society $340 billion
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Traffic crashes in the U.S. cost society $340 billion in one year, or just over $1,000 for each of the country's 328 million people, according to a study by safety regulators.

FILE - Traffic is seen as the U.S. Freeway 101 is closed near Montecito, Calif., on Jan. 9, 2023. Traffic crashes in the U.S. cost society $340 billion in one year, or just over $1,000 for each of the country's 328 million people, according to a study by safety regulators Tuesday, Jan. 10.

DETROIT — Traffic crashes in the U.S. cost society $340 billion in one year, or just over $1,000 for each of the country’s 328 million people, according to a study by safety regulators. “This report drives home just how devastating traffic crashes are for families, and the economic burden they place on society,” Ann Carlson, acting administrator of the agency, said in a statement Tuesday.

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