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April 1994, Vol. 117, No. 4
Arthur E. Andreassen and Jay M. Berman
Economists, Office of Employment Projections, Bureau of Labor Statistics.
More investment in the Nation's infrastructure would result in new jobs in construction-related industries. However, even under optimistic assumptions about future growth, the impact on total employment is not large. This article lays out two alternative spending paths on infrastructurea low- and high- investment scenarioaround the moderate-growth employment projections. The study concentrates on infrastructure spending in highway construction, local transit construction, railroad and airport construction, water and sewage construction, and the operation of existing water and sanitation facilities.
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