Investing in California's Economy | California High-Speed Rail
With construction underway, and the transition of the California High-Speed Rail Authority from a planning to a project development organization, the economic benefit of these activities is substantially growing. Starting with just a few employees a decade ago, the project now supports thousands of jobs across all functions—from planning and environmental clearance to engineering and construction. This investment has spurred economic benefits around California and across the country.
Investment in high-speed rail is supporting jobs, labor income and economic output across a number of California's regions, including some of those hardest hit by the Great Recession.
Learn more about the nearly $4.8 billion invested in the nation’s first high-speed rail system over the past decade and more.
About 95% of the investment between July 2006 and June 2018 led to economic activity taking place within the state of California, with spending going to firms and workers based in the state.
To date, $2.55 billion in funding has come from Federal Sources (American Recovery and Reinvestment Act), infusing the state's economy with federal dollars. To date, companies from 37 states and the District of Columbia have been involved in high-speed rail.