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Economic Impact of Public Transportation Investment

econ-may14-cover
For the American Public Transportation Association (APTA), EDR Group developed a new national guide to measuring the economic impact of public transportation investment. The guide goes beyond the commonly portrayed economic impacts of public transit spending, to also show the longer term economic impacts of changing the efficiency of local transportation systems. This includes effects on both households and businesses that are associated with reducing congestion, enhancing employers’ access to labor markets, reducing automobile ownership costs, and enabling more efficient businesses logistics. The study found that with sustained, long-term investment scenarios, public transportation investments could generate up to 50,700 jobs per $1 billion invested, with 28,900 jobs per $1 billion attributed to the productivity gains enjoyed by households and businesses.

The report, entitled "Economic Impact of Public Transportation Investment," serves as an update to an earlier 2009 report by EDR Group which provided estimates of the job generation impacts of ongoing transit operations. This study also included the creation of tools for local transit agencies to show the potential impacts of local transit investment.

Full Report (2014 update)

Full Report (2009)

Original Report (1999)

Selected Press Mentions:
Press Release
Mass Transit Magazine
The Columbus Dispatch
InfrastructureUSA
Fleet Owner Blog

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