Economic Impact Of Public Transportation Investment
www.apta.com
Groundbreaking analysis measures public transportation’s impact on the nation’s economic productivity for the first time. Investment in transit can yield 49,700 jobs per $1 billion invested, and offers a 5 to 1 economic return. Investment offers productivity gains long after the short-term stimulative effect. Download the 2020 Report Economic Impact of Public
  • Cybermass@lemmy.worldEnglish
    18·
    11 months ago

    Public transportation is pretty awesome, it would be great if we invested in it more, we are going to have to at some point

  • Knusper@feddit.deEnglish
    3·
    11 months ago

    Should be noted that this applies specifically for the US. Countries with more developed public transport might see lower returns on (further) investments.

    And this study was sponsored by a public transport organisation, so there might be bias.

    But I haven’t worked through the study to truly cast doubt on anything and even if it was only a 2:1 return, it would still be an insanely good invest.