U.S. federal railroad expenditure increased significantly in 2020. Spending on rail grew from around or below 20 billion per year prior to 2020 to over 32 billion U.S. dollars in 2020, growing further to 37 billion U.S. dollars in 2022. The Infrastructure Investment and Jobs Act that was passed in 2021 allocated large amounts of public funding to transport infrastructure, resulting in this most recent growth in spending.
U.S. federal rail transportation expenditures from 1995 to 2022
(in billion U.S. dollars)
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USAFacts. (November 14, 2023). U.S. federal rail transportation expenditures from 1995 to 2022 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/187987/us-federal-rail-transportation-grants-since-1995/
USAFacts. "U.S. federal rail transportation expenditures from 1995 to 2022 (in billion U.S. dollars)." Chart. November 14, 2023. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/187987/us-federal-rail-transportation-grants-since-1995/
USAFacts. (2023). U.S. federal rail transportation expenditures from 1995 to 2022 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/187987/us-federal-rail-transportation-grants-since-1995/
USAFacts. "U.S. Federal Rail Transportation Expenditures from 1995 to 2022 (in Billion U.S. Dollars)." Statista, Statista Inc., 14 Nov 2023, https://www.statista.com/statistics/187987/us-federal-rail-transportation-grants-since-1995/
USAFacts, U.S. federal rail transportation expenditures from 1995 to 2022 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/187987/us-federal-rail-transportation-grants-since-1995/ (last visited December 03, 2024)
U.S. federal rail transportation expenditures from 1995 to 2022 (in billion U.S. dollars) [Graph], USAFacts, November 14, 2023. [Online]. Available: https://www.statista.com/statistics/187987/us-federal-rail-transportation-grants-since-1995/
