SEC ECONOMIC BENEFITS OF RAIL
Completed March 2021
This SEC Economic Benefits of Rail report documents the key economic benefits of developing high-performance rail service on the Southeast Corridor. New and improved rail infrastructure will help transport goods, reduce highway congestion, improve safety, reduce emissions, and expand connectivity for passengers and freight throughout the Southeast. Improvements in rail capacity through Washington, D.C. will also enhance connectivity between the Southeast and the major urban centers along the Northeast Corridor.
The economic benefits considered include the number of direct and indirect jobs supported, change in real estate values, job market accessibility, increased mobility, improved safety and reduced vehicle emissions.
Stakeholders from each state represented in the Southeast Corridor Commission and the region’s operating railroads provided input on development of four scenarios for comparison of benefits. These scenarios focus on the development of the backbone of the Southeast corridor and the opportunities for high-performance rail connections to major metropolitan areas.