United States Department of Transportation
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Navigating the Complexities of COVID-19 Stimulus Funding for Transportation
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2021-06-28
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Abstract:The transportation industry was hit hard by the COVID-19 pandemic. The steep decline in air travel has led to persistent job loss in air transportation; in April 2021, the industry was still down 74,000 employees (15%) from pre-pandemic April 2019. Urban rail transit ridership also remains low; in April 2021, ridership was still 276 million trips lower (66%) than in April 2019, and the associated loss of fare revenue has created transit agency maintenance shortfalls. And, State and Local spending on road work was down nearly $1 billion (12%) in April 2021 from April 2019 as reduced driving in the early days of the pandemic translated into reduced State fuel tax receipts.
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[PDF-472.33 KB]
