×

Warning

JUser: :_load: Unable to load user with ID: 62

Macroeconomic Forecasting for Atlanta

EDR Group provided technical advisory services to the Atlanta Regional Commisson in support and review of macroeconomic impact forecasting of the Atlanta metro region under the proposed list of road and transit investments under the Transportation Investment Act (TIA). Currently, Metro Atlanta faces a transportation funding crisis, and 70% of the region's transportation spending will be used to maintain the existing roads and systems over the next 30 years. 

Funding the TIA will require an increase to the existing sales tax of 1 cent for 10 years to raise the estimated $8.5 billion to fund new transit (52%) and new road (48%) improvements/projects.  This is the topic of the July 31, 2012 regional transportation referendum.  The macroanalysis considered congestion reduction benefits from the projects, the tax burden, and the construction stimulus. The net result showed a cumulative gross regional product gain through 2040 for the 10-county region worth $34b from the $8.5 billion project investment.

Atlanta Journal-Constitution Article

New York Times Article

 

Latest Blogposts

Twitter Feed

Dispatches from TRB's Transportation Resilience 2019 https://t.co/P3t9aH5iZL https://t.co/GF9Ar23S0R
For the Asia Development Bank, EDR Group is conducting an econ impact assessment on a new border crossing between K… https://t.co/fupjkEC46I
Dispatches from the Consortium for Scenario Planning 2019 Conference https://t.co/zG6uOehft5
 

Telephone: 1-617-338-6775 - This email address is being protected from spambots. You need JavaScript enabled to view it.

© 1997-2019 Economic Development Research Group, Inc; 155 Federal St. 6th Floor, Boston, MA 02110 USA