Economics

Reliable, efficient transportation helps to ensure the vitality of the state, regional, and national economy. Nebraska, at the crossroads of America's transportation systems, relies on transportation, distribution, and logistics to supply local jobs and support the economic infrastructure of the state and nation. Furthermore, maintenance and construction of transportation systems cost states millions of dollars annually and, particularly as many states tighten their budgets, evaluating and maximizing the cost-effectiveness of transportation projects is essential. NTC researchers know that transportation expenditures must be viewed as investments, and the economic benefits versus the financial costs must be measured and weighed carefully.

NTC works closely with local industry partners and the Nebraska Department of Roads to stay informed on the economic pressures facing the public and private transportation sectors. Researchers use cost-benefit and economic-impact analysis to evaluate the return on investment for road projects, and also have conducted research to evaluate the connections between state economic growth and transportation investments.