10/18/2009 05:12 am ET Updated May 25, 2011

Denver Traffic Costs City $38.5 Billion Per Year: Study

The Denver metro region will sacrifice as much as $38.5 billion a year in economic output if it fails to spend the money necessary to resolve traffic congestion, according to a study by the Reason Foundation of gridlock's impact on economic growth.

In a study called "Gridlock and Growth: The Effect of Traffic Congestion on Regional Economic Performance," the libertarian think tank based in California examined eight metropolitan areas, including Denver, and attempted to quantify the increase in economic production it says would result from improved mobility in free-flowing traffic conditions.

Read more on Kevin Flynn's Inside Lane