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AR Highway Investment Economics Impact Study

Key Findings
Arkansas faces MAJOR transportation infrastructure challenges.  Nearly a quarter of the state's lane miles are in “failing” condition; more than half are rated a “C” or “D” grade.  In 2016, 545 Arkansans lost their lives on Arkansas roads, and it is estimated road conditions contribute to more than half (52.5%) of all roadway fatalities.  In addition, driving on Arkansas roads in need of repair costs each Arkansas driver $589 per year.
 
An annual $478 million increase in Arkansas's highway, street and bridge investment would: 
  • Allow for the needed maintenance and repair essential to preserving the current system 
  • Result in a total impact of $1.3 billion in increased economic activity across the state 
  • Increase sales and output by businesses in all sectors by $941.6 million each year 
  • Create 5,729 jobs throughout all sectors of the state's economy 
  • Generate additional state and local tax revenue of $56.7 million each year
 
Source: The Economic Impacts of an Annual $478 million Increase in Arkansas Highway, Street, and Bridge Construction Investment
ARTBA, October 2018 

To read the full study, visit www.argoodroads.com

Read and watch more about the study:
KARK
https://www.kark.com/news/local-news/new-study-says-more-money-invested-in-state-highways-would-be-a-huge-benefit/1528904371
 
KATV
https://katv.com/news/local/new-study-finds-investing-in-arkansas-roads-will-generate-13-billion-for-the-state
 
KLRT/FOX 
https://www.fox16.com/news/state-news/new-study-finds-more-money-invested-into-highways-would-generate-economic-activity/1528902363
 
Arkansas Business
https://www.arkansasbusiness.com/article/124111/foundation-chamber-release-study-on-economic-impact-of-spending-more-on-roads
 
Talk Business
https://talkbusiness.net/2018/10/good-roads-group-says-new-highway-funding-will-give-state-1-3-billion-economic-boost/
 

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