TAILIEUCHUNG - ECONOMIC IMPACT OF PUBLIC TRANSPORTATION INVESTMENT

Traditionally, public transportation passenger cost savings were often the primary factors considered as the benefits of public transportation projects. This mindset has changed significantly and now it is widely accepted that public transportation investment can also help reduce roadway traffic congestion, with broader benefits for commercial truck deliveries, employer labor market access and on other aspects of business productivity. These issues were raised in the APTA Report on Public Transportation and the Nation’s Economy (Cambridge Systematics and EDR Group, 1999), the Federal Transit Administration’s Transit Benefits 2000 Working Papers (HLB Decision Economics, 2000), the NCHRP Economic Impact of Congestion Study. | ECONOMIC IMPACT OF PUBLIC TRANSPORTATION INVESTMENT Prepared for American Public Transportation Association Prepared by Glen Weisbrod Economic Development Research Group Inc. 2 Oliver Street Boston MA 02109 Arlee Reno Cambridge Systematics Inc. 4800 Hampden Lane Bethesda MD 20814 October 2009 The information contained in this report was prepared as part of TCRP Project J-11 Task 7 Transit Cooperative Research Program. SPECIAL NOTE This report IS NOT an official publication of the Transit Cooperative Research Program Transportation Research Board National Research Council or The National Academies. Acknowledgements This study was conducted for the American Public Transportation Association with funding provided through the Transit Cooperative Research Program TCRP Project J-11 QuickResponse Research on Long-Term Strategic Issues. The TCRP is sponsored by the Federal Transit Administration directed by the Transit Development Corporation the education and research arm of the American Public Transportation Association and administered by The National Academies through the Transportation Research Board. Project J-11 is intended to fund quick response studies on behalf of the TCRP Oversight and Project Selection TOPS Committee the Federal Transit Administration and the American Public Transportation Association and its committees. The report was prepared by Glen Weisbrod of Economic Development Research Group Inc. and Arlee Reno of Cambridge Systematics Inc. The work was guided by a technical working group. The project was managed by Dianne S. Schwager TCRP Senior Program Officer. Disclaimer The opinions and conclusions expressed or implied are those of the research agency that performed the research and are not necessarily those of the Transportation Research Board or its sponsoring agencies. This report has not been reviewed or accepted by the Transportation Research Board Executive Committee or the Governing Board of the National Research Council. Table of Contents .

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