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RTP/SCS Economic Analysis

2012-2035 RTP/SCS Economic Analysis Page Banner

For the first time, SCAG’s Regional Transportation Plan includes a significant consideration of the economic impacts and opportunities provided by the transportation infrastructure plan set forth in the 2012–2035 Regional Transportation Plan/Sustainable Communities Strategy (RTP/SCS). This analysis considers not only the economic and job creation impacts of the direct investment in transportation infrastructure, but also the efficiency gains in terms of worker and business economic productivity and goods movement.

 

2012-2035 RTP/SCS
Southern California faces its toughest economic climate in modern times. High unemployment, lack of job growth, waning competitiveness, aging infrastructure, and environmental challenges have combined to present today’s leaders with unparalleled challenges. Never before have the crucial linkages and interrelationships between the economy, the regional transportation system, and land use been as important as now. SCAG has thus chosen to view the 2012 Regional Transportation Plan/Sustainable Communities Strategy (RTP/SCS) as an economic development strategy as well as a transportation, infrastructure, and sustainability strategy.
 
For the first time, SCAG’s RTP includes a significant consideration of the economic impacts and opportunities provided by the transportation infrastructure plan set forth in the 2012–2035 RTP/SCS. This analysis considers not only the economic and job creation impacts of the direct investment in transportation infrastructure, but also the efficiency gains in terms of worker and business economic productivity and goods movement. The 2012–2035 RTP/SCS outlines a transportation infrastructure investment strategy that will beneficially impact Southern California, the state, and the nation in terms of economic development, competitive advantage, and overall competitiveness in the global economy in terms of attracting and retaining employers in the Southern California region.
 
Implementation of SCAG’s RTP/SCS will create or sustain jobs today to build transportation infrastructure projects for tomorrow. SCAG’s 2012–2035 RTP/SCS, totaling more than $500 billion in transportation investments, will put thousands of Southern Californians back to work in much needed jobs, not only in construction, but also in a broad cross-section of industries.
 

 
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