New study shows North Carolina rail’s economic impact

A new report breaks down the impact of North Carolina’s rail system on the state’s economy. The North Carolina Department of Transportation study, produced in partnership with the Institute for Transportation Research and Education, looks at annual contributions from rail sectors including freight, tourism, and construction. All told, the industry contributes a $20 billion bump to statewide economic output, close to another billion in related tax revenue, and supports roughly 90,000 jobs.  Full Article