The Center for Neighborhood Technology, Smart Growth America and U.S. PIRG published a study analyzing last year’s federal stimulus package, the American Recovery and Reinvestment Act (ARRA). They find that for every billion dollars spent on transit development, twice as many months of labor were created than for every billion dollars spent on highway projects.
From the Smart Growth website:
As Congress and the Administration discuss a possible jobs bill, the implication is clear: shifting available funds toward public transportation will increase the resulting employment.
Apparently this is not the first study to reveal that investing in transit is a better better, in terms of job creation, than highway projects.
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