Federal, state, and local infrastructure funding in California contributes nearly $200 billion in economic activity and creates 700,000 jobs annually, according to a recent American Road & Transportation Builders Association report.
Funding includes expenditures on construction, transit operations, planning and design work, right-of-way purchases, construction support, administration, and research.
Infrastructure funding contributes $52 billion annually to the Gross State Product and generates nearly $101.5 billion annually in economic output.
Infrastructure funding adds $21.2 billion in tax revenues annually — a total of $15 billion in federal payroll, income, and business taxes, and $6 billion in state and local tax revenue.
The state plans to increase transportation infrastructure investments from $40.4 billion this year to $52.6 billion in 2030.
Infrastructure funding supports nearly 700,000 jobs annually, 86 percent from outside of the construction industry. This figure includes an estimated 68,000 jobs in professional and business services, 80,000 jobs in manufacturing and trade, and 220,000 jobs in transportation and warehousing.
Wages total nearly $30.3 billion annually.
The California Transit Association, the California State Association of Counties, the League of California Cities, and the California Alliance for Jobs released the report entitled The Economic Impacts of Highway, Street, Bridge, & Transit Investment in California.