The Gains to American Business from Investments in Transportation Infrastructure
14 Pages Posted: 30 Jun 2020
Date Written: September 6, 2015
Transportation congestion in the U.S. has made it more difficult for companies to outsource critical components of their manufacturing process, which is a key ingredient to improve productivity. We estimate that the productivity losses resulting from congestion cost the U.S. economy $500 billion in lost output from 2009-2015 and reduced employment by 350,000.
Keywords: congestion, transit, productivity
JEL Classification: L60, L92
Suggested Citation: Suggested Citation