Federal Highway Investment: Benefits
One of the most attractive benefits of major public investments in transportation infrastructure is they create tangible capital assets that are long-lived. In addition to creating jobs and generating tax revenues throughout the economy during the construction cycle, infrastructure improvements also foster economic growth and efficiency over many years beyond the initial investment.
FHWA estimates that every $1 billion in highway and bridge infrastructure investment supports at least 13,000 jobs throughout the U.S. economy. This includes work in retail, manufacturing, transportation and warehousing, food services and other industries.
For more information on federal aid projects from previous years, visit our interactive dashboard. You can visit this page to learn more about the data. For additional questions please contact ARTBA’s Chief Economist Alison Black.