Investing in transportation infrastructure could generate more than 26,800 additional jobs each year and increase annual tax revenues by $1.54 billion for New Jersey, according to a Rutgers University study released last week.

The Edward J. Bloustein School of Planning and Policy crafted the report, estimating that $26.6 billion of the state’s total $42.5 billion of proposed transportation infrastructure funding will boost construction employment, income levels, and tax receipts in the Garden State from fiscal 2009 through 2018.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.