Road builders issue stimulus report
Published: March 9,2010
There are currently 68 American Recovery & Reinvestment Act (ARRA)-financed highway construction projects underway or completed in Mississippi involving $281.5 million in funds, according to data released by Washington, D.C.-based American Road & Transportation Builders Association (ARTBA).
The projects underway or completed have supported or are supporting 7,831 jobs in Mississippi that would otherwise not exist, says ARTBA vice president of economics and research Dr. Bill Buechner.
ARRA provided $356.3 million to Mississippi for highway, bridge and related improvements. This one-time bonus added more than 91 percent to Mississippi’s regular federal highway funds under the current federal surface transportation law—Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users (SAFETEA-LU)—bringing the state’s total federal highway funding in 2009 to a record $745.5 million.
According to Buechner, a Harvard-trained economist, another 95 projects have been identified and are slated to be under construction shortly.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- WILLOUGHBY: Bernie Reed cites hard work as key to success of Reed’s Metals
- Half century of memories — Christmas on Deer Creek to celebrate 50th anniversary
- Analyst: KiOR Columbus plant may end up sold as scrap
- (UPDATE) Gov. Bryant: $1.2 billion aluminum plant is a very exciting proposition for the state of Mississippi
- Ex-MDEQ leader Fisher joins Butler Snow
- Former MDEQ Executive Director Trudy Fisher joins Butler Snow
- Federal appeals court: State's abortion law is unconstitutional
- Can Metrocenter rise from the ashes? Again
- Gulf oil rig explosion kills one worker, injures three
- Court hits David Watkins with $600,000 order over Retro Metro issues