Economist Projects Ohio River Bridges Will Save Commuters $1.3 Billion to $2 Billion, Create Tens of Thousands of Jobs

Louisville Business First reports, “The completion of the Ohio River Bridges Project could save commuters $1.3 billion to $2 billion over a 30-year period and is expected to spur development and job growth in Clark County [Indiana] and northeastern Jefferson County [Kentucky]. Those were the observations of Paul Coomes, emeritus professor of economics at the University of Louisville, as he addressed a packed crowd” during a December 12 chamber of commerce gathering. [Links amended.]

WDRB reports that Coomes told the audience he expects the new East End Bridge “will help create more than 10,000 new jobs in eastern Clark County, Ind., over the next decade.”