2021, California, People

Infrastructure Spending Creates $200 Billion in Economic Benefits and Supports 700,000 Jobs in California Every Year

Click here for July 27, 2021 news release about new, searchable database that shows the economic benefits of government infrastructure funding for every California County.

Sacramento, CA – A first-of-its-kind report released today finds that upcoming spending on federal, state and local infrastructure will generate nearly $200 billion in economic activity in California annually over the next decade and will support 700,000 jobs per year.

According to the report, in the next 10 years government investments in California’s transportation
infrastructure will grow from $40.4 billion in 2021 to $52.6 billion in 2030. This equates to a return of $4.30 in economic activity for every $1 spent on the transportation system. Every $1 billion spent supports over 15,000 jobs throughout the economy.

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