economic benefits of high speed rail

A new report from the Mineta Transportation Institute details the ways high speed rail can be an economic driver. The report estimates the economic impact of high speed rail projects, including Las Vegas to Los Angeles estimated to generate $10 billion in economic impact and 35,000 jobs, Dallas to Houston, Los Angeles to San Francisco estimated to create  74,000 to 80,000 job years, $5.6 billion to $6.0 billion in labor income, and $15 billion to $16 billion in economic output between 2006 and 2022, and the  Portland to Vancouver high speed rail project. As an added layer, the Las Vegas – Los Angeles project is also said to be using to all American made products.

Transportation Today | MTI: High-speed rail could be job creator, economic driver