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According to a comprehensive study conducted by the Economic Development Research Group of Boston, further state and local government investment in broad-based transportation could result in more than 180,000 new jobs over the next three decades.
The report, commissioned by the Salt Lake Chamber’s Transportation Coalition, showed that if municipal governments and transportation agencies fully implement Utah’s Unified Transportation Plan, the result would be almost 183,000 cumulative new jobs created by 2040, $130.5 million in additional household income, $183.6 billion in additional gross domestic product and $22.2 billion in additional tax revenues from economic growth.
The study quantifies the total economic value to the state if the plan is funded and implemented. The study measured the total impact of increased transportation efficiency, improved goods movement and market access, increased business creation and attraction, and construction spending impacts. Deseret News
