Tuesday, 27 August 2013

Study Determines Deeper Miss. River Would Add $11.5 Billion To U.S. Economy, Generate 16,991 Jobs

Port of new OrleansU.S. Senator David Vitter, the ranking member of the U.S. Senate Committee on Environment and Public Works, joined industry and Louisiana transportation officials here today for the release of a new economic impact report detailing the benefits of deepening the Mississippi River to 50 feet from its current 45-foot draft.The Big River Coalition and the Louisiana Department of Transportation and Development commissioned the study by noted economist Tim Ryan, PhD., entitled “The Economic Impact of Deepening the Mississippi River to 50 Feet.

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