The Potential Impact of Recent Major Locations/Expansions along the US Highway 79 Corridor on Business Activity and Population Growth in the Area
Published on September 19, 2024
US Highway 79 north and east of Austin, Texas is home to an ever-growing roster of major technology manufacturing and logistics locations, spurring ongoing development and the potential for sustained growth in the area.
The construction and operation of these facilities would lead to a notable increase in business activity in the area. In this instance, capital investments for construction of facilities along the Highway 79 corridor would lead to a significant, though transitory, stimulus. Once operational, they would generate an ongoing increase in business activity. These sources of stimulus, in turn, will lead to gains across the economy.
The US Highway 79 corridor is emerging as a magnet for expanded technology development that will have profound positive impacts on local economies for decades to come.
For more details please refer to the full report.
- Tags: roads, Austin, impact analysis