Report: Northeast Corridor is an economic engine

Published: April 9, 2014

high_speed_rail_1A new report, “The Northeast Corridor and the American Economy,” produced by the Northeast Corridor Infrastructure and Operations Advisory Commission (NEC Commission) details how the Northeast Corridor (NEC), carrying 750,000 daily Amtrak and commuter/regional rail passengers, “is a critical national asset, an economic engine for the U.S., and contributes about $50 billion a year to the national economy.”

The report, accessible by clicking here, also calculates that a loss of the NEC for a single day would cost nearly $100 million in transportation-related impacts and productivity losses.

Read the complete story at Railway Age.