Minnesota’s Road to Recovery 1
Executive Summary___________________
Creaky old mber bridges are being replaced. Rough roads are geng new pavement. Deteriorang regionalairport runways are being rehabbed. Twin Cies transit riders will hop on new diesel-sipping hybrid buses.Suburban drivers will ply new interchanges and a freeway extension. And a rusng Minnesota icon, Duluth’sAerial Li Bridge, is receiving the nal phase of a once-in-a-lifeme paint job.
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U.S. Bureau of Labor Stascs, Total U.S. nonfarm, all employees. Data extracted June 16, 2009. hp://data.bls.gov/PDQ/servlet/SurveyOutputServlet?series_id=CES0000000001&data_tool=XGtable
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U.S. Bureau of Labor Stascs, Regional and State Employment and Unemployment: April 2009. May 22, 2009. Table D. hp://www.bls.gov/news.release/pdf/laus.pdf
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Los Angeles Times, Nov. 9, 2008. “As a road to a beer economy, an old idea gains ground.” hp://www.lames.com/news/naonworld/washingtondc/la-na-infrastructure9-2008nov09,0,5723676.story
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Minnesota Management & Budget, Status of ARRA Federal Funds Requests, April 29, 2009. hp://www.mmb.state.mn.us/doc/cizen/status-arra.pdf $959 million infrastructure total includes energy eciency and weatherizaon, school improvement funds,clean water and drinking water, highways, airports and transit.
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U.S. Bureau of Labor Stascs. Minnesota Economy at a Glance. hp://data.bls.gov/cgi-bin/print.pl/eag/eag.mn.htm
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The Federal Highway Administraon calculates that each $1 billion of highway construcon generates 27,000 jobs.
It’s all thanks to the AmericanRecovery and Reinvestment Act,the $787 billion federal economicsmulus package enacted to countera recession that has obliterated5.4 million U.S. jobs in past year
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,99,7000 of them in Minnesota.
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While the plan will supportworthwhile eorts from educaon,health care and unemploymentbenets to clean water, housing andsenior nutrion, the earliest andmost visible impacts in Minnesota areon the roads, bridges, transit servicesand other transportaon assets that put our economy on the move.Minnesota is expected to reap about $4 billion from the act over two years, creang or preserving tens of thousands of jobs. Some of the biggest employment boosts will come with a new emphasis on shoring uppublic infrastructure.That’s a long-overdue development, and one of the most eecve and best-targeted strategies for renewedeconomic vigor. Mark Zandi, chief economist at Moody’s Economy.com and an adviser to U.S. Sen. JohnMcCain, esmates that every dollar of infrastructure spending boosts domesc output by $1.59.
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The $959million of smulus aimed at Minnesota infrastructure
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will produce nearly 26,000 jobs
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and an economic gainof more than half a billion dollars.
Photo Courtesey: Local 49
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