Trade News > Trade Regulations > Transportation Stimulus Supporting 76,000 Direct Jobs

Transportation Stimulus Supporting 76,000 Direct Jobs

The Journal of Commerce Online - News Story
House panel says many more jobs are generated by ripple effects to supply materials

Federal stimulus funds to states for such needs as highway, bridge and transit repairs were supporting at least 76,000 direct jobs as of July 31, says the House Transportation and Infrastructure Committee.

The panel said that’s how many on-project jobs were either saved or created from $35.5 billion in infrastructure projects announced by that time for programs under its jurisdiction.

That amounted to 10,542 projects at that point in the summer, of which 6,831 were for highways and transit systems.

But the job impact goes further, as “these projects have further resulted in tens of thousands of indirect and induced jobs, including those at companies that produce construction materials and equipment,” the committee report said.

Besides roads and transit projects, officials at state agencies and the Department of Transportation have said the stimulus money is also paying for some freight rail and inland river port construction, plus runway and structural repairs at airports.

In addition, a Coast Guard program at the Department of Homeland Security is funding railroad bridge improvements over navigable waterways, and the Environmental Protection Agency is issuing grants to help ports, truckers and some rail operations retrofit or replace old diesel engines.

And more recent weekly spending reports under the Recovery Act show that project approvals have gained steadily and actual disbursements more than doubled in the past month.

The T&I Committee report, another in a monthly series for spending that it oversees, said as of July 31 about $20 billion in highway and transit projects had been put out to bid, and nearly $11 billion worth were under construction at that time.

Contact John D. Boyd at jboyd@joc.com.

really nice to here this news.

- By kaiz on 9/11/09

I'm curious what the small business versus large business job report is. This administration sold us on the Stimulus package by promising to help "main street" out and last time I checked, there was not a Lockheed or Northrop Grumman on main street. The small business owners are still receiving only a small percentage of the Stimulus dollars, and are more vulnerable to closing their doors if they lose a contract versus the big guys. Like bees on honey, there is a large influx of small businesses attempting to go after govt contracts without the education on this vertical market and what it takes to be successful. They still need to take some responsibility to learn about government, build the relationships, obtain the designations/certifications they need as well as the contract vehicles. This in itself can take several months and incur a high investment of time and money. It is more competitive than ever and certainly a long-term investment to be successful. It is not an overnight success playground as it can take many months if not over a year to obtain your first sale.
The good news is that there are ample resources - some paid for with our tax dollars (ie. SBA, GSA, etc.) and others not (private consultants, lobbyist, etc).

Selling to the government is still a great way to mitigate risk, diversify your client portfolio, but is a long-term investment and not for the faint of heart.,

Jennifer Schaus
Jennifer Schaus & Associates
Washington, DC

- By jschaus on 9/3/09

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