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Mayors’ Report Contends That High-Speed Rail Leads to Job Growth

Publication Date: 4/6/2011
Author: Aileen Cho
Format: HTML

Description:
Dovetailing with the U.S. Dept. of Transportation announcement that 24 states were vying for the $2.4 billion in high-speed rail funds rejected by Florida Gov. Rick Scott (R), public transit advocates released a report contending that high-speed and intercity passenger rail projects will stimulate construction, manufacturing sector and long-term job growth. According to the report, for each $1 million invested in HSR projects, 24,000 jobs will be created.

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