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    Entries in Economy (1)

    Monday
    Jun142010

    High-Speed Rail Will Spur Growth in Hub Cities, Says Mayors Report

    A Los Angeles high-speed rail system that connects the city to San Francisco, San Diego, Sacramento and other cities would create $7.6 billion per year in new business, the report says. It would also increase gross regional product by $4.3 billion and create 55,000 jobs.

    A Chicago high-speed rail network connecting to Minneapolis, St. Louis and other areas would create $6.1 billion per year in new business, according to the report. This includes a $3.6-billion-per-year increase in gross regional product and 42,000 new jobs.

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