During a special week in September we called Rebuild America’s Communities Week, elected local leaders in the First & Main coalition from small and mid-sized towns and cities across the country carried a clear and unified message to their representatives who were at home for recess: “We need reliable federal partners to support our homegrown efforts to rebuild our downtowns, restore our economies, and improve opportunity for everyone.”
Stimulus spending data shows that funds spent on public transportation were a more effective job creator than stimulus funds spent on highways. This analysis shows that in the first ten months of the American Recovery and Reinvestment Act (ARRA), investments in public transportation created twice as many jobs per dollar as investments in highways.
Through the end of 2009, American Recovery and Reinvestment Act (ARRA) investments in public transportation produced almost twice as many jobs per dollar as investments made in roads: Every billion dollars spent on public transportation produced 19,299 job-months. Every billion dollars spent on projects funded under highway infrastructure programs produced 10,493 job-months. As Congress and the Administration discuss a possible jobs bill, the implication is clear: shifting available funds toward public transportation will increase the resulting employment.
Smart Growth America analyzes states’ investments in infrastructure to determine whether they made the best use of their spending based on job creation numbers. “Recent Lessons from the Stimulus: Transportation Funding and Job Creation” evaluates how successful states have been in creating jobs with their flexible $26.6 billion of transportation funds from the American Reinvestment … Continued
This report reviews American Recovery and Reinvestment Act project choices to answer critical questions about states’ accountability to the taxpayers who are providing tens of billions of dollars for new transportation projects.
Are all transportation projects of equal value to long‐term economic growth? If not, is it possible to select projects with better return and still move money and employ people in the economy quickly? Smart Growth America commissioned the following papers to answer these questions.