The latest data on stimulus spending show that funds spent on public transportation were a more effective job creator than stimulus funds spent on highways. In the 10 months since the American Recovery and Reinvestment Act (ARRA) was signed, investing in public transportation produced twice as many jobs per dollar as investing in roads:
- Every billion dollars spent on public transportation produced 16,419 job-months.
- Every billion dollars spent on projects funded under highway infrastructure programs produced 8,781 job-months.
That’s according to an analysis by Smart Growth America and other partners.