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Fortune.com Article Quotes EDR Group's Findings for APTA Study on Proposed Transit Funding Cuts

On April 2017, EDR Group was mentioned in an article on Fortune.com, titled "President Trump’s Budget Proposal Could Jeopardize $38 Billion in Transit Projects: Report."  The article referenced findings from Economic Implications of Proposed Public Transit Capital Funding Cuts​, a study completed by EDR Group for the American Public Transportation,  which found that the Administration’s proposed cuts would provide for a severe loss of investment spending.  The cuts would jeopardize $38 billion of planned projects.  The 502,000 jobs at risk equate to 49,000 jobs every year in America’s local communities over a ten-year period.  The type of jobs directly impacted include general construction and public transit equipment manufacturing.  In addition, 300,000 longer-term jobs associated with permanent, ongoing, economic growth and development were in jeopardy.  

 

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