RSS
Earlier this year, the consulting firm McKinsey & Co. landed a big transportation study for the state of Georgia. The $2.5 million price tag prompted a number of a critics. Read more.
Now, in a report released last week, the McKinsey consultants have concluded transportation bottlenecks could impose a large-scale costs on the state's economy.
Transportation woes could cost Georgia 320,000 potential jobs and $515 billion in economic benefits over the next 20 years if the state sticks to “business as usual,” according to a new state report released Thursday.
Traffic jams and the lack of access to reliable transportation in metro Atlanta will increasingly limit the number of jobs people can commute to, and the number of potential workers an employer can expect to attract, according to the study presented to the state Transportation Board.
That, in turn, could make Atlanta a less attractive market for employers. And as bad as freight congestion is now, commercial hauling in the state will get even worse from places like the Savannah port.
Comments
Hide comments
