This website collects cookies to deliver better user experience. Cookie Policy
Accept
Sign In
The Wall Street Publication
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Reading: Billions Spent on Roads, Transit Projects Are Often Based on Optimistic Forecasts
Share
The Wall Street PublicationThe Wall Street Publication
Font ResizerAa
Search
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© 2024 The Wall Street Publication. All Rights Reserved.
The Wall Street Publication > Blog > Business > Billions Spent on Roads, Transit Projects Are Often Based on Optimistic Forecasts
Business

Billions Spent on Roads, Transit Projects Are Often Based on Optimistic Forecasts

Editorial Board Published September 21, 2021
Share
Billions Spent on Roads, Transit Projects Are Often Based on Optimistic Forecasts
SHARE

Transportation planners are looking for ways to improve their travel forecasts as Congress debates spending billions of dollars on new projects.

If lawmakers enact the roughly $1 trillion bipartisan infrastructure bill—of which $550 billion would be new spending above existing levels—now before the House, state and local officials will have to decide which projects to spend money on. But researchers have found that transportation planners frequently expect more people to use their road and transit projects than ultimately do so. Yet those optimistic forecasts become part of the justification for spending millions or billions of dollars on such projects.

TAGGED:Business NewsPAIDWall Street Publication
Share This Article
Twitter Email Copy Link Print
Previous Article U.S. Stock Futures Bounce After Global Market Selloff U.S. Stock Futures Bounce After Global Market Selloff
Next Article Credit Suisse’s Archegos Disaster Exposes Cracks in Bank Regulation Credit Suisse’s Archegos Disaster Exposes Cracks in Bank Regulation

Editor's Pick

California dwelling of lacking child’s mother and father searched; father has served time for youngster cruelty

California dwelling of lacking child’s mother and father searched; father has served time for youngster cruelty

San Bernardino County sheriff’s investigators on Sunday, Aug. 17, searched the house of the mother and father of the infant…

By Editorial Board 9 Min Read
Farmer Needs a Spouse: John Sansone and Claire Dinette Break up!
Farmer Needs a Spouse: John Sansone and Claire Dinette Break up!

Studying Time: 2 minutes It's sadly over for one more actuality tv…

4 Min Read
Steak ‘n Shake slams Cracker Barrel CEO for eliminating ‘old-timer’ from emblem: ‘We take delight in our historical past’
Steak ‘n Shake slams Cracker Barrel CEO for eliminating ‘old-timer’ from emblem: ‘We take delight in our historical past’

FOX Enterprise’ Jeff Flock experiences on Cracker Barrel unveiling a brand new…

4 Min Read

Oponion

Trump says US has ‘Silly Commerce,’ not ‘free commerce’

Trump says US has ‘Silly Commerce,’ not ‘free commerce’

U.S. Commerce Secretary Howard Lutnick breaks down reasoning behind a…

March 13, 2025

Chip Boom Loses Steam on Slowing PC Sales, Crypto Rout

Copyright ©2022 Dow Jones & Company,…

July 4, 2022

Rebuilding Sharks present they’re nonetheless able to a stinker

The San Jose Sharks’ current success…

December 6, 2024

Canada initiates WTO dispute over US imposing 25% duties on automobiles

FOX Enterprise' 'The Large Cash Present'…

April 7, 2025

Taylor Swift Will Drop HUGE Information on the AMAs, Swifties Imagine

Studying Time: 3 minutes Taylor Swift…

May 15, 2025

You Might Also Like

Thales Reinforces its Management in eSIM and IoT Connectivity with a ‘Ready to Use’ Licensed Resolution
Business

Thales Reinforces its Management in eSIM and IoT Connectivity with a ‘Ready to Use’ Licensed Resolution

At a time when billions of linked objects are reshaping industries, Thales has achieved a vital safety certification for its…

4 Min Read
Soracom IoT Platform Achieves SOC 2 Kind 2 Compliance for Safety, Availability, and Confidentiality
Business

Soracom IoT Platform Achieves SOC 2 Kind 2 Compliance for Safety, Availability, and Confidentiality

Soracom, Inc., right now introduced that it has efficiently achieved System and Group Controls (SOC) 2 Kind 2 compliance, reinforcing…

2 Min Read
Mobile IoT Module Shipments Grew 23% in Q1 2025 as US–China tensions affect vendor panorama
Business

Mobile IoT Module Shipments Grew 23% in Q1 2025 as US–China tensions affect vendor panorama

In brief Shipments of mobile IoT modules and chipsets grew 23% year-over-year in Q1 2025, based on IoT Analytics’ International…

20 Min Read
Prime 7 Visitor Posting Marketplaces to Purchase Visitor Posts That Drive Search engine optimization Outcomes
Business

Prime 7 Visitor Posting Marketplaces to Purchase Visitor Posts That Drive Search engine optimization Outcomes

Utilizing a visitor posting market helps you overlook all that like a nasty nightmare. However how do you discover probably…

14 Min Read
The Wall Street Publication

About Us

The Wall Street Publication, a distinguished part of the Enspirers News Group, stands as a beacon of excellence in journalism. Committed to delivering unfiltered global news, we pride ourselves on our trusted coverage of Politics, Business, Technology, and more.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 The Wall Street Publication. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?