The Traffic Is Back In Silicon Valley… Is The Economy Back Too?

from the leading-indicators dept

Okay, forget all those economic numbers and forecasts and technical analysis crap. That all means nothing in predicting how the economy is going. Instead, just check out how crowded highway 101 is heading through Silicon Valley at rush hour. At least, that’s the idea behind this article that brings up some anecdotal reports that traffic is getting worse – which many people are interpreting to mean that the jobs are coming back, too. They say the traffic feels just like it did when the dot coms started catching on. While there may be something to that (and I’ve heard others say the same thing), it certainly feels like people are just looking for any sign that things are picking up, and will latch onto anything. It’s not quite trying to divining the future from animal entrails, but I wouldn’t use it as the most definitive measure of economic life in the Valley.

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Comments on “The Traffic Is Back In Silicon Valley… Is The Economy Back Too?”

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Anonymous Coward says:

unemployment == more traffic in the short run

Here’s the deal, with large populations of employed folks, you’ll see three traffic spikes: one in the morning, one a lunch time and one for the return to your castle commute.

With large populations of unemployed people, you’ll see consistant heavy traffic as they all run around trying to fit as many possible interviews into their day.

This will keep up through the first 8 to 10 months of the “jobless recovery”. Once people realize the jobs aren’t there for them any longer. They’ll get on with their lives and find something else to do that doesn’t require running around spending at least $10 to $20 a day to simply interview for non-existant position.

The transition point will be marked by more people taking public transit and, finally, by more homeless people.

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