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

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

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 |2014-05-31T06:58:26+00:00May 31st, 2014|Blog|0 Comments

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