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Highway Program

The table and chart below display the economic benefits of the $11.15 billion investment for the 2024-2028 multimodal highway program, including RMBP. As a result, an annual average of 31,939 jobs would be supported, including both new jobs and jobs retained, as well as $16.1 billion in total gross state product and $12.8 billion in total personal income.

 

 Graph showing the employment supported by FY 2023-2027 Five-Year Multimodal Highway Program.

 

Economic Benefits Contributed by FY 2024-FY 2028 Highway and Bridge Program

2024

2025

2026

2027

2028

Total

Annual Average

Investment (in millions)

$2,961

$2,506

$2,163

$1,613

$1,907

$11,150

$2,230

Employment Impact (jobs)

43,250

39,159

32,017

22,430

22,841

159,697*

31,939

Gross State Product (in millions)

$3,974

$3,837

$3,309

$2,448

$2,541

$16,109

$3,222

Personal Income (in millions)

$2,898

$2,941

$2,675

$2,121

$2,227

$12,863

$2,573

* Total employment impact refers to cumulative job-years supported by FY 2024-2028 Highway and Bridge Program.