APTA: Address Public Transit Repair Backlog or Economy Suffers

A report by the American Public Transportation Association contends that if a $90 billion public transit repair backlog isn’t addressed soon, it could result in a $340 billion loss to the country’s economy over the next six years.

A study conducted by the Economic Development Research Group determined that the loss in revenue would mean a $180 billion loss in the country’s cumulative gross national product, as well as a $109 billion dip in household income.

This would result in decreases in worker efficiency and productivity caused by public transit delays and disruptions.

“The economy benefits when operators can devote resources toward expanding and modernizing service in response to emerging growth instead of investing resources into merely managing and maintaining facilities and equipment that are past their useful service life,” said the report.

The study looked at public transit modernization needs nationwide and performed case studies of the the Massachusetts Bay Transportation Authority, Chicago Transit Authority, Metropolitan Atlanta Rapid Transit Authority, Southeastern Pennsylvania Transportation Authority, San Francisco Municipal Transportation Agency and Washington Metropolitan Area Transit Authority.


Tags: , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: