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APTA Productivity Report Released at Infrastructure Event
APTA joined several other organizations at a May 15 event during Infrastructure Week, May 12-16, to release its latest research  measuring for the first time the positive impact of public transportation on productivity.
This research demonstrates that robust investment in public transit will lead to 50,731 jobs per $1 billion, with 28,931 jobs per $1 billion coming from productivity gains enjoyed by the private sector. This results from reduced congestion and less reliance on automobile use, saving the overall economy at least $18.4 billion per year, and increased business productivity, which contributes $10.1 billion to the U.S. economy from enhanced labor market access and reduced congestion costs.
Infrastructure Week Observance
In other Infrastructure Week news, numerous organizations joined together to call attention to the deteriorating condition of the nation’s infrastructure and propose solutions. Partners included the U.S. Council on Competitiveness, U.S. Chamber of Commerce, AFL-CIO, Brookings Institution’s Metropolitan Policy Program, Building America’s Future, 1776, Organization for International Investment, Value of Water Coalition, and National Association of Manufacturers.
Organizations held events on a different theme for each day of Infrastructure Week: May 12, the role of transportation infrastructure in America’s economy; May 13, the cost of inaction to freight and manufacturing infrastructure; May 14, securing drinking water and wastewater; May 15, passenger transportation and opportunity, focusing on public transit, road, rail, and air; and May 16, innovation in infrastructure technology, policy, and finance.
The day-long kickoff program on May 12 brought together business leaders and government officials from around the country and the world, along with representatives of the U.S. Chamber of Commerce, the National Association of Manufacturers, the Organization for International Investment, and the Council on Competitiveness, to discuss the economic importance of America’s public infrastructure—transportation and water.
May 13 activities included a Bloomberg Government/Building America’s Future forum on investing in American infrastructure featuring DOT Secretary Anthony Foxx and Atlanta Mayor Kasim Reed and an event on freight movement hosted jointly by the American Trucking Associations and Association of American Railroads.
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