Balanced Investment In Transportation Is Good Public Policy

Investment in transit and infrastructure maintenance creates more jobs than investment in new highways.
February 7, 2004, 1pm PST | Zvi Leve
Share Tweet LinkedIn Email Comments

A recently released report by the Surface Transportation Policy Project (STPP), found that "investments in road and bridge repair create 9 percent more jobs per dollar than building new roads or bridges. Public transportation spending creates 19 percent more jobs." While investing in transportation infrastructure is a "well-established policy option for jump-starting the economy," the effectiveness ofthe investment depends on the type of project or program that the funds are spent on. [Editor's note: The link below is to a PDF document.]

Thanks to Zvi Leve

Full Story:
Published on Wednesday, January 28, 2004 in Surface Transportation Policy Project
Share Tweet LinkedIn Email