Each $1 Billion Invested In Public Transportation Returns $5 Billion
Washington, DC — A new independent economic study assessing the American Public Transportation Association’s recommendations for public transportation funding estimates that every $1 billion in such funding generates $5 billion in long-term economic value.
This week’s report, Economic Impact of Public Transportation Investment, also says the funding supports tens of thousands of jobs nationwide.
In February, APTA called for $138 billion for public transit and $130 billion for passenger rail in its recommendations for the new surface transportation authorization due from Congress this year.