New Report: Federal, State and Local Transportation Infrastructure Spending Creates $200 Billion in Economic Benefits and Supports 700,000 Jobs in California Every Year

Sacramento, CA – A first-of-its-kind report released today finds that upcoming spending on federal, state and local infrastructure will generate nearly $200 billion in economic activity in California annually over the next decade and will support 700,000 jobs per year.

According to the report, in the next 10 years government investments in California’s transportation
infrastructure will grow from $40.4 billion in 2021 to $52.6 billion in 2030. This equates to a return of $4.30 in economic activity for every $1 spent on the transportation system. Every $1 billion spent supports over 15,000 jobs throughout the economy.

The “Economic Impacts of Highway, Street, Bridge, & Transit Investment in California” is the first to examine the impacts of transportation infrastructure spending on all sectors of the California economy, not just the transportation sector. The release includes the launch of a new, searchable online database that breaks down the economic benefits of infrastructure spending in every California county.

“There’s no question that construction, maintenance and operation of California’s highway, street, bridge and transit infrastructure is a major economic driver that benefits every sector of the economy,” said Michael Quigley, executive director, California Alliance for Jobs. “This is a groundbreaking report that, for the first time, takes all transportation revenue streams into account — local, state, federal — and quantifies the economic benefits of these investments on California and local economies.”