Florida passenger rail would boost economy by $6.4 billion, says study

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Florida passenger rail would boost economy by $6.4 billion, says study

Study: Passenger rail would boost economy by $6.4 billion

Construction of the planned passenger rail line that links Miami and Orlando would generate more than 10,000 jobs during its two-year construction, according to a consultant’s analysis released Wednesday.

The project also would add $6.4 billion to Florida‘s economy over the next eight years, according to The Washington Economics Group Inc., which was hired by All Aboard Florida to measure the economic impact of its proposal.

That impact includes $2.4 billion in labor income through 2021 and $653 million in tax revenue.

By Karen Christensen|2017-10-06T17:01:54+00:00May 31st, 2014|Train Blog|0 Comments

About the Author: Karen Christensen

Karen Christensen is an American entrepreneur, environmentalist, and founder of the Train Campaign. She is the owner and CEO of Berkshire Publishing Group and a member of the National Committee on United States-China Relations. She grew up in the Silicon Valley, started her career in London, and has lived in Great Barrington since 1995.

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