TRANSPORTATION & THE U.S. ECONOMY

$2.4 Trillion – Annual U.S. Transportation Spending

$2.5 Trillion – Cost of time for passengers and freight

$5 Trillion - Total cost of our transportation system 17% of United States Gross Domestic Product - only the

Healthcare sector is comparable.

TRANSPORTATION & THE UTAH ECONOMY

ROADS 1.3 Million jobs supported by truck based trade Per year 3 Billion vehicle trips 26 Billion vehicle miles 964 Million vehicle hours $130 Billion in goods transported

TRANSIT 64.1% of jobs in Salt Lake Metro have

direct access via transit (#1 Rank) 89% of Salt Lake City residents live

near a transit stop #3 – Third best combined transit

access rating of United States metros

42.8 million riders in 2012 $7 Billion in private investments

near transit locations

Source: Economic Development Research Group, “Economic Benefits and Impacts of Utah’s Unified Plan.” 2013. Brookings Institution - “Where the Jobs Are: Employer Access to Labor by Transit” Utah Transit Authority “2012 Performance Report” 2012.

UTAH TRANSPORTATION FREIGHT MODES

$0

$20

$40

$60

$80

$100

$120

$140

0

20

40

60

80

100

120

140

Truck Rail Air (include

truck-air)

Multiple modes &

mail

Pipeline Other and unknown

Valu

e (In

Bill

ions

201

0$)

Tons

of F

reig

ht (M

illio

ns)

Value (In Billion 2010$)

Tons (Million)

Source: Economic Development Research Group, “Economic Benefits and Impacts of Utah’s Unified Plan.” 2013.

UTAH’S DOMESTIC TRADING PARTNERS Total Trading States (Exports + Imports in Tons (Millions)

Source: Economic Development Research Group, “Economic Benefits and Impacts of Utah’s Unified Plan.” 2013.

UTAH’S FREIGHT FLOWS

Nature of Utah Freight Movements (All Modes) Type of Movement Tons (Million) Tonnage % Inbound 39.4 20% Outbound 55.8 28% Internal 106.6 53% TOTAL: All Freight 201.7 100%

20% 28% 53% Inbound Outbound Internal

Source: Economic Development Research Group, “Economic Benefits and Impacts of Utah’s Unified Plan.” 2013.

JOBS –

LABOR MOVEMENTS ALONG WASATCH FRONT

29%

10%

33%

18%

25%

18%

53%

66%

49%

0% 25% 50% 75% 100%

Provo-Orem MSA

Salt Lake MSA

Ogden-Clearfield MSA

Live in MSA - Work Outside

Live Outside - Work in MSA

Employed and Live in MSA

Source: U.S. Census Bureau. 2013. OnTheMap Application. Longitudinal-Employer Household Dynamics Program. http://onthemap.ces.census.gov

JOBS –

LABOR MOVEMENTS ALONG WASATCH FRONT

65,637 (80%)

50,315 (77%)

115,952

Ogden-Clearfield MSA

Provo-Orem MSA

Salt Lake MSA

Source: U.S. Census Bureau. 2013. OnTheMap Application. Longitudinal-Employer Household Dynamics Program. http://onthemap.ces.census.gov

GRO

WTH

2.26 2.67

3.11 3.61

2.77 3.31

3.91 4.57

0

1

2

3

4

5

2010 2020 2030 2040

Mill

ions

Population Growth Estimates

Wasatch Front MSAs State of Utah

1.35 1.64

1.87 2.10

1.63 2.00

2.31 2.63

0

1

2

3

2010 2020 2030 2040

Mill

ions

Utah Employment Growth Projections

Source: Utah Governor’s Office of Management and Budget (OMB) “2012 Baseline Population Projections”

2011 COST OF SALT LAKE METRO CONGESTION

21 million hours in congestion

9 million gallons of excess fuel

$449 million cost to Salt Lake Metro residents ($620 per person)

Source: Texas A&M Transportation Institute(TTI).“2012 Urban Mobility Report” 2013.

185 million pounds of excess

CO2

INPUTS OUTPUTS

WHAT CAUSES ECONOMIC GROWTH?

CAPITAL

LABOR POPULATION GROWTH

INVESTMENT

EDUCATED

HEALTHY

TECHNOLOGY INCENTIVES

Source: Compiled by the David Eccles School of Business, University of Utah

POPULATION PRODUCTIVITY

1. Transportation investments

2. Enhance productivity

3. Results in greater output and

economic growth

UTAH’S UNIFIED PLAN

• Collaboration - One of a kind • Gold Standard for Planning • Identifies needs through 2040

– Further refined to prioritized projects ($54.7 billion)

• $11.3 Billion Fiscal Gap • Includes capacity and

maintenance for transit, highways, local roads,

ECONOMIC IMPACT OF INVESTING IN UTAH’S UNIFIED PLAN

Generates:

180,000+ in additional cumulative jobs

$130.5 billion

in additional household income

$183.6 billion in additional Gross Domestic Product

$22.2 billion in tax revenue from economic growth

$84.8 billion in reduced congestion and vehicle operating costs

Source: Economic Development Research Group, “Economic Benefits and Impacts of Utah’s Unified Plan.” 2013.

1. Our transportation system matters for the whole business community

A. Jobs – access and creation B. Efficiency of the economy C. Quality of life

2. At stake is not only billions of dollars in funding but the vibrancy of our economy.

3. Our transportation stakeholders are exceptional. Our transportation planning is unmatched.

4. Business must step up and support disciplined planning and investment.