Topic : economy

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Transit investment increases U.S. growth potential, study shows

Accessibility| May 16, 2014
Will lead to 50,700 jobs per $1 billion invested, with 28,900 jobs per $1 billion attributed to the productivity gains enjoyed by households and businesses.

Northeast Corridor contributes $50B yearly to economy, report says

Rail| April 9, 2014
Report details how the corridor, carrying 750,000 daily Amtrak and commuter passengers, is a critical national asset. It also calculates that a loss of the corridor for one day would cost nearly $100 million in transportation-related impacts and productivity.
Rail| June 12, 2013

Ill. mayor calls for more rail support

Springfield Mayor Mike Houston told U.S. transportation subcommittee representatives that continued state and federal support for city rail consolidation is critical for Springfield’s economy.
Accessibility| September 24, 2012

GM Survey: Budgets stabilize, revenue alts sought

The average transit executive spent 23 years in the industry, with an average annual salary of $113,000, according to METRO’s seventh annual survey.
Motorcoach| May 11, 2012

ABA attends D.C. event to help shape national tourism strategy

President and CEO Peter Pantuso and Senior Vice President Clyde Hart attended the event as the new National Travel and Tourism Strategy was released by Secretary of Commerce John Bryson and Secretary of the Interior Ken Salazar.
Rail| November 10, 2011

Poll: 80% of Denver residents support transit expansion

Finding comes from the latest annual public opinion poll on Denver RTD’s FasTracks program. Survey also found that 56 percent of metro residents have a favorable impression of FasTracks, up seven percent from 2010.
Accessibility| October 5, 2011

Public transportation touted as key economic driver in keynote session

In the Tuesday general session at the APTA Expo, guest speaker Richard Florida, founder of Creative Class Group and author, says ‘post-crash prosperity’ is possible, but only through investing in a public transportation system that fits a new generation America.
Bus| September 27, 2011

Report: More transportation upgrades needed for economic recovery

The economic recession has only provided a temporary respite from the growing congestion problem, according to a new study. When the economic growth returns, the average commuter is estimated to see an additional three hours of delay by 2015 and 7 hours by 2020.
Bus| August 24, 2011

Study: Private sector hurt by lack of fed funding, economy

56 percent say they lost business from their public transportation clients and 52 percent of businesses say they expect to layoff employees or cut back hiring as a result.
Accessibility| August 18, 2011

Report: 700K U.S. households have no car, no access to transit

Transit systems in Atlanta, Dallas, Houston do poorest job of reaching no-car households.
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