Investment in public transportation expands service and improves mobility, and, if sustained over time, can potentially affect the economy by providing:
• travel and vehicle ownership cost savings for public transportation passengers and those switching from automobiles, leading to shifts in consumer spending;
• reduced traffic congestion for those traveling by automobile and truck, leading to further direct travel cost savings for businesses and households;
• business operating cost savings associated with worker wage and reliability effects of reduced congestion; • business productivity gained from access to broader labor markets with more diverse skills, enabled by reduced traffic congestion and expanded transit service areas; and
• additional regional business growth enabled by indirect impacts of business growth on supplies and induced impacts on spending of worker wages. At a national level, cost savings and other productivity impacts can affect competitiveness in international markets.
http://reconnectingamerica.org/assets/Uploads/economicimpactofpublictransportationinvestment.pdf
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