The Northeast Corridor and the American Economy

This report responds to a Congressional mandate established in the Passenger Rail Investment and Improvement Act of 2008 which calls upon the Northeast Corridor Infrastructure and Operations Advisory Commission (the NEC Commission) to submit a report to Congress on the role of the NEC in supporting economic activity and opportunities for the NEC to enhance economic development. This report illustrates the value of the NEC rail network to the NEC Region and the country, and should help to inform decisions about investment in this national asset. As shown in this report, the NEC rail network plays a vital role in the American economy. It supports a wide range of beneficiaries and economic functions – from knowledge-based employers and workers in urban centers, to small companies in mid-sized cities, to rural communities on the Delmarva Peninsula, and beyond the NEC Region, to manufacturing plants and jobs in the Midwest. The NEC also generates important benefits to the U.S. transportation network by helping to improve the functionality and reliability of the highway and aviation systems, as illustrated by the analysis of potential NEC service-level scenarios. These benefits to the transportation network not only support individual travelers but also the movement of U.S. goods domestically and to overseas markets.

Language

  • English

Media Info

  • Media Type: Digital/other
  • Features: Figures; Maps; Photos; References; Tables;
  • Pagination: 90p

Subject/Index Terms

Filing Info

  • Accession Number: 01522240
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Apr 8 2014 9:16AM