More Bang For Your Buck From Transit Spending Over Highways

A new study shows that stimulus funds spent on public transportation were a more effective job creator than stimulus funds spent on highways.

from Smart Growth America: "An analysis of congressional data by Smart Growth America, the Center for Neighborhood Technology and the U.S. Public Interest Research Groups shows that stimulus funds spent on public transportation were a more effective job creator than stimulus funds spent on highways. In the 10 months since the American Recovery and Reinvestment Act (ARRA) was signed, investing in public transportation produced twice as many jobs as investing in roads:

* Every billion dollars spent on public transportation produced 16,419 job-months.
* Every billion dollars spent on projects funded under highway infrastructure programs produced 8,781 job-months."

Full Story: Jobs data shows stimulus spending on public transportation produces more jobs, faster

Comments

Prepare for the AICP Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $199
Planetizen Courses image ad

Planetizen Courses

Advance your career with subscription-based online courses tailored to the urban planning professional.
Starting at $14.95 a month
T-shirt with map of Chicago

Show your city pride

Men's Ultrasoft CityFabric© tees. Six cities available.
$23.00
Book cover of Unsprawl

Unsprawl: Remixing Spaces as Places

Explore visionary, controversial and ultimately successful strategies for building people-centered places.
Starting at $12.95