A new report from Smart Growth America finds that stimulus spending on public transit produced 70% more jobs per dollar than road spending.
Vicki Needham reports:
"The same statistics show that repair work on roads and bridges generates 16 percent more jobs per dollar than new bridge and road construction. Repair and maintenance projects spend money faster and create jobs more quickly than building new roads because they employ more kinds of workers, spend less money on land and more on wages, and spend less time on plans and permits."
Smart Growth America urges states to consider this research when allocating their own funding for transportation projects.
FULL STORY: Report: More jobs when stimulus funds spent to repair roads
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City of Albany
UCLA Lewis Center for Regional Policy Studies
Mpact (formerly Rail~Volution)
Chaddick Institute at DePaul University
City of Piedmont, CA
Great Falls Development Authority, Inc.
HUDs Office of Policy Development and Research