Analysis Finds that Funding Public Transit Creates More Jobs Than Funding Highway Projects
In a new analysis of ten months’ worth of American Recovery and Reinvestment Act (ARRA) data released last week by the House Transportation and Infrastructure Committee, three public interest and smart growth groups found that for every billion dollars spent on public transportation projects, 16,419 job-months were created. A billion dollars spent on highway infrastructure projects created only 8,781 job-months.
CNT, Smart Growth America, and U.S. PIRG analyzed the new data released and found that stimulus money spent on public transportation projects created almost double the number of “job-months” as money spent on highway infrastructure projects.
CNT President, Scott Bernstein, put those findings into perspective in light of the new $154 billion jobs bill passed by the U.S. House on Wednesday, “In the middle of a recession, the principle for setting a priority for public spending should be to “leave no job behind”. Since the federal government’s own numbers show that dollar for dollar transit investments produced as many or more jobs as did highway investments, the new jobs bill should reflect balance in the choice between these two kinds of opportunities.”
These figures are calculated from data provided by the states through October 31, and released by the U.S. House of Representatives Transportation and Infrastructure Committee on December 10.
As Congress and the Administration discuss the jobs bill, the implication is clear: shifting available funds toward public transportation will create more jobs.
Learn more in this fact sheet.