From Deseret News archives:
Road projects to bring jobs
The report, prepared by the Bureau of Economic and Business Research in the university's David S. Eccles School of Business, was released Wednesday. It was sponsored by the Utah Transit Authority and titled "Economic and Demographic Impacts of Federally Financed Transportation Infrastructure on the Wasatch Front."
The study indicates planned road and transit projects including commuter rail, the Legacy Parkway and the Mountain View Corridor highway will result in a "permanent, specialized, transportation labor force."
"Having a variety of transportation experts in the state will be a huge engine for economic growth and these won't just be temporary laborers," said Pam Perlich, a senior research economist for the bureau, who prepared the report.
"These will be established residents whose professional expertise and goods and services could be exported to other regions, bringing even more money back into the state. This is good news for a state that struggles with wages."
However, Perlich noted, "Funding for transportation in the state is uncertain as the federal budget is now deficit again and the economy is not as strong. That's part of what the transportation planners and public policy people will have to consider."
To read the complete report, go to: www.business.utah.edu/bebr.
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