Is Daylight Savings Time Costing Us Money?
Did you remember to “Spring forward” yesterday? This is the one week out of the year that we make our adjustments to essentially getting up an hour earlier, making us miserable and tired for the entire week. Also, as it happens, Daylight savings also ends up costing us money. Yeah, I was glad to learn about that little tidbit. According to a new study, the loss of that one hour is going to cost the U.S. about 434 million dollars. This loss is based on the loss of productivity, and the costs incurred from the increase in heart attacks and the increase in injuries in factory and other construction jobs.
Morgantown, West Virginia . . . which is a big mining town . . . has the highest cost of the lost hour per capita. Changing the time will cost every person in Morgantown $3.38.
The cities with ZERO economic impact are all in Hawaii and Arizona . . . because they don’t participate in Daylight Saving Time. Maybe they know something we don’t. Many have argued over the years that we should just end it all together.