TAILIEUCHUNG - The Economic Impact of Rail Improvements to the Port of Corpus Christi, Texas

The tax and program changes behind the Budget Resolution produce much stronger economic performance when compared to the rate and level of economic activity in the baseline. 6 Lower taxes stimulate greater investment, which expands the size of business activity. This expansion fuels a demand for more labor, which enters a labor market that contains workers who themselves face lower taxes. Consequently, significantly higher employment ensues. Gains in employment along with lower taxes lead to higher household incomes. The growth of business enterprise coupled with the increase in disposable income fuels more extensive savings and investment by households, which results. | The Economic Impact of Rail Improvements to the Port of Corpus Christi Texas Prepared For PORTCORPUS CHRISTI Prepared By Decision Innovation Solutions Bridging Your Research Needs. October 17 2011 1 Decision Innovation Solutions LLC 3315 109th St. Suite B Urbandale Iowa 50322 Table of Contents Executive Definition of Study Area s .5 Estimation of Direct Identify Other Important Information Related to Determine Appropriate Software Package s .9 Create Model Model Regional Study Area Construction Economic Impact Operations Economic Impact State Study Area Construction Economic Impact Operations Economic Impact Industries Most Regional Study State Study Industry 2 Decision Innovation Solutions LLC 3315 109th St. Suite B Urbandale Iowa 50322 Executive Summary Being a state with vast lengths of shoreline Texas is in a prime location to capitalize on the transportation of commodities components and finished goods. Because of this prime location the transportation industry in Texas is mature and well developed. Over time international trade generally increases. As international trade continues to increase port capacity naturally becomes constrained. The Port of Corpus Christi is no exception to this general trend. To capture a portion of the need to move additional goods in and outside of the United States there exists a need to expand portions of the Port of Corpus Christi both in terms of capacity and efficiency. In order to adequately expand the Port of Corpus Christi to handle anticipated near to mid-term capacity requirements a project has been defined to address this need. The total value of the project is estimated to be million and will be paid for with a combination of public and private funds. Because the project is of significant size .

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