New Tool for Estimating Economic Impacts of Transportation Projects
A SHRP 2 Project Brief
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Greetings!
Strengthening the economic vitality of a region is one of the primary reasons for investing in highway capacity. Better access to markets and labor force, reduced cost of delay, less congestion, improved safety, lower pollution levels, and a better quality of life are all elements of improving economic vitality. With a new web-based tool, Transportation Project Impact Case Studies, or T-PICS, economic impacts can more easily be considered during community visioning for transportation or during public and stakeholder involvement for long-range system planning or corridor planning. The web tool and final report are based on a series of 100 detailed case studies that document the long-term, before-and-after economic impacts of a variety of highway capacity investments, mainly from around the United States. This project brief provides an overview of the T-PICS web tool, the case studies database, the final report, the data dictionary, the user guide, a pilot test of T-PICS, a webinar, and a video demonstration.
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