Highway infrastructure investment and job generation : a look at the positive employment impacts of highway investment
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1996-01-01
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TRIS Online Accession Number:00735977
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NTL Classification:NTL-HIGHWAY/ROAD TRANSPORTATION-Construction and Maintenance;NTL-ECONOMICS AND FINANCE-Economic Impacts;
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Abstract:Construction and related activities financed through the Federal-aid program are important sources of employment for persons in many industries throughout the economy. A diverse workforce representing all skill levels is supported by investment in highway construction activities, and subsequently in industries which supply materials to the highway construction industry and in other industries throughout the economy. For every $1 billion of investment, the Federal-aid highway program supports approximately 42,100 total full-time equivalent jobs. Of this total, 27,600 jobs are in highway construction and related (e.g. supplying) industries. This same $1 billion of Federal-aid highway investment also supports about 14,500 jobs in other industries, throughout the economy.
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