Investment in public transportation expands service and improves mobility, and if sustained over time can potentially affect the economy by providing:
- travel and vehicle ownership cost savings for public transportation passengers and those switching from automobiles, leading to shifts in consumer spending;
- reduced traffic congestion for those traveling by automobile and truck, leading to further direct travel cost savings for businesses and households;
- business operating cost savings associated with worker wage and reliability effects of reduced congestion;
- business productivity gained from access to broader labor markets with more diverse skills, enabled by expanded public transit service areas and reduced traffic congestion; and
- additional regional business growth enabled by indirect impacts of business growth on suppliers and induced impacts on spending of worker wages. At a national level, cost savings and other productivity impacts can affect competitiveness in international markets.
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