|
Article Excerpt Transportation--the movement of people and goods over physical distance--has always been a vital ingredient of economic growth. Prosperity is derived from trade, which requires access to markets, workers, and suppliers--both in our own backyard and beyond. We depend on the highways, railroads, airports, pipelines and other infrastructure around us to make that happen. With innovations in technology and increasing globalization affecting all aspects of life, we should be aware that the demands on that infrastructure, particularly in rural states like Montana, are growing and changing.
Transportation and the Economy
The impacts of transportation on the economy are all around us. Roads, bridges, railroad crossings, and airports are built, maintained, and expanded, creating thousands of jobs in construction, engineering, and professional services. But long after the pavement is dry, those investments continue to pay dividends as workers, shippers, governments, and businesses use them to connect to one another. Transportation affects economic productivity and growth both directly and indirectly as reflected in the jobs it enables and the mobility it provides for people and products.
[FIGURE 1 OMITTED]
Highway construction, for example, supports 27 jobs...
|
|

More articles from Montana Business Quarterly
Montana's forest products industry: current conditions and 2009 foreca..., March 22, 2009 Montana's manufacturing industry., March 22, 2009 Expanding health insurance coverage., March 22, 2009 The Montana outlook: changing conditions lead to changed forecast., March 22, 2009
Looking for additional articles?
Search our database of over 3 million articles.
Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication
name or publication date.
About Goliath
Whether you're looking for sales prospects, competitive information, company
analysis or best practices in managing your organization,
Goliath can help you meet your business needs.
Our extensive business information databases empower business
professionals with both the breadth and depth of credible,
authoritative information they need to support their business
goals. Whether it be strategic planning, sales prospecting,
company research or defining management best practices -
Goliath is your leading source for accurate information.
|
|