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Freeways

Infrastructure Spending Will Generate $200B Each Year

A first-of-its-kind report finds that upcoming spending on federal, state and local infrastructure will generate nearly $200 billion in economic activity in California annually in the next decade and support 700,000 jobs per year. The report is the first to examine the impacts of transportation infrastructure spending on all sectors of the California economy, not just the transportation sector.

According to the report, 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 more than 15,000 jobs throughout the economy.

“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.”

The report also includes the launch of a new searchable online database that breaks down the economic benefits of infrastructure spending in every California county.

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Michael Quigley

About Lisa Brown

Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM. In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.

  • ◦Development
  • ◦Policy/Gov't
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