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Authority releases 2024 economic impact analysis: estimates more than 1 million job years upon completion
Summary
Staff presented the Authority’s annual economic impact analysis covering investments through June 2024, reporting about $13 billion in Authority investments to date and projecting more than 1 million job years and $221 billion in economic output upon full project completion.
The California High‑Speed Rail Authority presented its 2024 economic impact analysis at the Jan. 23 board meeting in Fresno, reporting investments through June 2024 and projections for the finished project.
Derek Bowden, Authorities Reporting and Economics Branch chief in the Financial Office, told the board the authority has evaluated about $13 billion of spending through June 2024 and estimates the project has supported roughly 108,700 job…
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