The rail supply industry has been a dynamic and vital part of the U.S. economy for over 200 years–spurring value in excess of $74 billion in 2017 alone and supporting more than 650,000 jobs.
With over 140,000 miles of rail, over 38,000 locomotives and 1.6 million railcars, the demand to support the rail transport ecosystem cannot be understated. The importance of reinvestment into infrastructure is, in turn, creating new value–especially in key development areas such as Positive Train Control (PTC), where the industry has invested about $10 billion over the past decade. The rail supply sector is also characterized by family sustaining wages–the average annual income of those in the industry tips the scales at about $78,800, well above the national average.
Read the full report
Our economic consulting team are world leaders in quantitative economic analysis, working with clients around the globe and across sectors to build models, forecast markets and evaluate interventions using state-of-the art techniques. Lead consultants on this project were:
Oxford Economics’ team is expert at applying advanced economictools that provide valuable insights into today’s most pressing business, financial,and policy issues.
To find out more about our capabilities, contact:
+44 (0)207 803 1415
+1 (646) 503 3068
+65 6829 7198
Energy Transitions in Western and Central Africa: A focus on Nigeria, Ghana, Senegal, Equatorial Guinea and Mauritania
The global energy transition involves the sustained displacement of fossil fuels by renewable energy and complementary technologies to reduce carbon intensity. It is, however, imperative to consider such shifts within the distinct developmental contexts of countries to ensure energy transitions are socially inclusive and just. This latest report by our Africa consulting team examines how energy transitions are likely to unfold in Nigeria, Ghana, Senegal, Equatorial Guinea, and Mauritania.Find Out More
Becoming More Efficient – How finance and IT are leading the way
Oxford Economics and SAP Concur surveyed 1,000 finance and IT executives about how they are making their functions more efficient.Find Out More
Delivering Economic Value – DoorDash 2021 US Economic Impact Report
A US study demonstrating how DoorDash empowers local economies by creating and supporting impact across the three sides of their marketplace–Dashers, merchants and consumers.Find Out More