Congress Urged to Invest in Deployment-Ready Transportation Technologies for Immediate Job Creation
Investment in Intelligent Transportation Systems Creates "Network Effect" Throughout Economy & Stimulates Job Creation across Multiple Sectors
WASHINGTON, Dec. 2 - Congressional leaders were urged today to
invest in intelligent transportation systems (ITS) as they consider
additional job creation measures because ITS projects will
immediately create new private sector and small business jobs, and
will stimulate job creation across multiple sectors, according to
federal and international researchers.
Details of the immediate impact of ITS investment on the U.S.
economy were outlined in a letter sent today from Scott Belcher,
President and CEO of the Intelligent Transportation Society of
America, to House Speaker Nancy Pelosi and other Congressional
leaders.
"As you work to craft a jobs package that will quickly create
jobs and improve economic growth, we urge you to invest in the
modernization of our nation's aging infrastructure through
Intelligent Transportation Systems (ITS) and other transportation
projects that will enhance multimodal system performance and
improve safety, mobility, efficiency, and the environment," Belcher
stated in his letter to the Congressional leaders.
To read Belcher's entire letter to Pelosi click
here.
ITS Projects Can Be Deployed Quickly For Immediate Job
Creation
According to the U.S. Department of Transportation (DOT), an
average of 50 percent of ITS project spending goes directly to
wages and salaries, a far greater return on investment than other
comparable projects. In addition, ITS technologies can be deployed
quickly because they require minimal new construction or
rights-of-way. Examples include traffic and freight management
systems, intelligent intersections with transit signal
prioritization and emergency vehicle preemption, smart transit
systems, open road tolling systems, weigh-in-motion truck
inspections, ramp metering, incident management programs, and
real-time traffic, transit and parking information.
According to a newly-released GAO study on traffic
information, an investment of $1.2 billion in a real-time
transportation system information program alone would generate
$30.2 billion in environmental, mobility, and safety benefits to
the public.
A Majority of ITS Impact Would Be Small Business Job
Creation
"The Federal Highway Administration projects that the field of
ITS could create almost 600,000 new jobs over the next 20
years. With a federal commitment to ITS deployment, these figures
could be significantly higher. In the United Kingdom, an investment
of 15 billion British pounds (approximately $25 billion) in
information and communications technology (ITS, smart grid and
broadband) is estimated to create or retain 700,000 jobs, of which
360,000 are small business jobs," Belcher said in his letter.
ITS Investments Create "Network Effect" Stimulating
Job Creation Across Multiple Sectors
Belcher added that researchers from the London School of
Economics and the Information Technology and Innovation Foundation
have found that investment in ITS creates a 'network effect'
throughout the economy and directly benefits economic growth by
stimulating high-tech job creation across multiple sectors,
including green jobs, high-tech, automotive, information
technology, consumer electronics, and related industries; and
provides a foundation for long-term benefits, including government
cost savings, economy-wide productivity, and an improved quality of
life.
China & Other Industrialized Nations Already
Focusing on ITS for Economic Growth
"The international commitment to ITS is growing among leading
industrialized nations. China, Japan, Singapore, South Korea,
Germany, Great Britain, and other nations today view their ITS
industry as a key industrial base, and one capable of generating
considerable economic growth," Belcher said.
"With unemployment rates reaching alarming levels and traffic
congestion stifling our economic competitiveness, it's time for the
U.S. to make a similar commitment to ITS. This will play a major
role in helping American workers retain existing jobs while
providing new jobs for the unemployed. It will also provide lasting
benefits by increasing safety, reducing congestion and emissions,
improving system performance and creating more livable, sustainable
communities."
Most Importantly . . . ITS Technologies Will Save
Lives
Most important of all, a federal investment in ITS will save
lives. An estimated 31 percent of the nearly 40,000 fatal traffic
accidents each year could be prevented or have their impact reduced
through ITS technologies like lane departure warnings, blind spot
detection and other collision avoidance systems, according to the
Insurance Institute for Highway Safety. Congress could speed the
deployment of these life-saving technologies across the passenger
and commercial vehicle fleets by funding a Smart Cities and
Communities pilot program that would provide real-world testing of
the next generation of advanced safety and traffic information
systems.
The Intelligent Transportation Society of America (ITS
America) represents several hundred member organizations including
public agencies, private industry leaders, and academic
institutions involved in the research, development, and deployment
of intelligent transportation systems that improve safety, increase
mobility, and sustain the environment. http://www.itsa.org
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Contact:
Steve Hansen
Director of Media Relations
Intelligent Transportation Society of America
1100 17th St NW Ste 1200
Washington, DC 20036
Office: 202-721-4239
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