• Font Size    
E-mail

Close Window E-mail This Page

Study: High-Speed Rail Could Boost Valley Economy

Required fields are marked with an asterisk(*)

The information you provide will be used only to send the requested e-mail and will not be used to send any other e-mail communications. Read more in our Privacy Policy

Send E-mail

   Print     Share +    Comments
Oct 2, 2008 3:52 pm US/Pacific

Study: High-Speed Rail Could Boost Valley Economy

MERCED (AP) ― A new study estimates that California's proposed high-speed rail system could bring $3 billion in direct economic benefits -- and possibly billions more -- to the Central Valley.

The study by University of California, Merced Professor Shawn Kantor is being released as voters decide whether to approve Proposition 1A, a November ballot measure that would authorize nearly $10 billion in bonds to start the project.

Kantor says the high-speed rail would save Central Valley residents time and money they would otherwise spend commuting to the San Francisco Bay area or Southern California.

He says the rail system also could lead to more construction work and boost the region's economy by making it easier for goods and workers to move around.

(© 2009 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

Add Comment

here. here. Need a log in? Register here
  •  * Will not be displayed with comment
  •  * e.g. (http://www.mywebsite.com)
  •  
  • Click here to refresh with new letters

Show Comments (0)

Close Window Login


Close Window Flag Comment


loading...

© MMIX Sacramento Television Stations Inc. All rights reserved.