Alan Spell| Missouri Economic Research and Information Center|

Missouri Department of Economic Development

Measuring Your Region’s Transportation Strengths

The Council for Community and Economic Research | 2012 Annual Conference

Who is Measuring Transportation?Measuring Transportation Investments

2011 Study Rockefeller Foundation and the Pew Center

$131 billion spent in 2010 yet mostly unmeasured

Transportation Measures from a Commerce PerspectiveFew States Measure Jobs and Commerce & Environmental Stewardship

Source: 2011 Study Rockefeller Foundation and the Pew Center Study

Transportation and Commerce Linkage

Freight Movement

CongestionEnvironment and Safety

Impacts Quality of

Life

ImpactsAccess

and Costs

Impacts Talent

Attraction and

Retention

Old and New Economies Collide in the Growing Metropolitan Areas

Top Missouri Truck Commodities Shipped to StatesFreight Movement

Freight Issues: Aging Infrastructure

and Funding Panama Canal

Expansion Intermodal Capacity Air Freight

Focusing on Freight

Source: Bureau of Transp. Statistics, Commodity Flow Survey

Measuring Transportation and Commerce StrengthsCommonly Used Transportation Measures that Relate to Commerce:

Relative

Measures

Impact

Measures

Business and Economic

Developers

Departments of

Transportation

Relative Transportation MeasuresBusinesses Interested in:Lower Fuel CostLower Traffic CongestionMore FlightsMore Alternatives (Bus, Bike, etc.)

Many Free or Inexpensive Sources:

Fuel Cost: http://fuelgaugereport.aaa.com/Transportation Cost:

http://www.coli.org/Compare.aspTraffic Congestion:

http://scorecard.inrix.com/scorecard/Airport Stats:

http://www.faa.gov/airports/resources/data_stats/

Commodity Flows: http://www.bts.gov/publications/commodity_flow_survey/

Source: 2012 INRIX Traffic Scorecard

Metro

Annual Hours

WastedLos Angeles 54.0New York 51.0San Francisco 46.3Washington DC 41.3St. Louis 8.4Kansas City 5.1Tucson 2.4Des Moines 2.1

Hours Wasted a Year

In Traffic Congestion

Rank Airport Name City2010 LandedWeight (lbs.)

1 Memphis International Memphis 19,544,635,8332 Ted Stevens Anchorage Anchorage 19,463,543,7903 Louisville International-Standiford Louisville 10,637,700,1204 Miami International Miami 6,905,291,8715 Chicago O'Hare International Chicago 4,895,940,100

Source: FAA Air Cargo Statistics

Economic Impact Transportation MeasuresDept. of Transportation

(DOT) Interested in:Economic and Environmental ImpactPrioritize Funding

Transportation Impact Models:REMI TranSightTredis

Good Tool:Census LED On-The-Map

Economic Impact OpportunitiesDOT Opportunities:You have the economic

modeling skillsYou understand labor marketsYou are cost effectiveYou are an outside evaluatorImpacts needed for fundingUse Pilot Projects to

highlight valueConsiderations:Knowing what DOT can

provide (Urban vs. Rural)Some impacts harder to

model (like Bridges)Construction vs. Operation

Phases (Nice Bridges)

The Council for Community and Economic Research | 2012 Annual Conference

Other Transportation Strengths? What Happens in Nevada, Stays in Nevada (for now…)

Source: The UK Telegraph. Telegraph Media Group