Economy
Investments in our nation’s infrastructure should not be criticized as simply more spending. Rather, it is an investment in economic growth and job creation. On an average day, some 43 million tons of goods valued at $29 billion move on the nation’s interconnected network of ports, roads, rails and inland waterways.
--For every $1 billion in federal investment in transportation infrastructure, an estimated 27,800 to 34,800 jobs are created.
--For every dollar invested in public water and sewer infrastructure services, approximately $8.97 is added to the national economy.
We must get America working again and infrastructure investments are a key way to accomplish this goal.
- Press Release Former Pennsylvania Governor Edward Rendell Calls for Port, Waterway Strategy in Speech to American Association of Port Authorities Read More
- Press Release BAF Educational Fund Releases Infrastructure Report: Falling Apart and Falling Behind Read More
- Published Report An Economic Analysis of Infrastructure Investment Read More
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House Transportation and Infrastructure Chairman Bill Shuster, May 13, 2012 Get The Facts
“Transportation is critical to our nation’s competitiveness. To put it simply, our transportation network is the backbone of our economy, and we must have a strong foundation to support economic growth.”
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New York
David Paterson
Former Governor
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