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How much does a meeting cost?

Answer: $338

Using data collected from a 2012 CBS Moneywatch study, data scientist Daniel Russell created a set of data visualizations demonstrating the impact of meetings on the American workplace. The images portray a culture of wasted time and money, with the average meeting costing an organization $338, and 63 percent of them starting without an agenda.

Of all meetings held, 45 percent are staff meetings and the most common start time is 11 a.m. The study estimated that 220 million meetings are held each month, totaling a cost of $74.3 billion nationally.