OBBBA Impacting Transportation Funds: Economic Analysis using REMI-AI

You are invited to our upcoming webinar, “OBBBA Impacting Transportation Funds: Economic Analysis using REMI-AI.” This webinar is being presented from 2:00-3:00pm ET on Wednesday, July 30th by Teddy Sun, Owen Karpeles, and Nigel Ma from REMI.

Federal transportation policy is undergoing changes that will impact the allocation of Department of Transportation (DOT) funding. The One Big Beautiful Bill Act includes a shift in budget priorities that may reduce funding for certain infrastructure initiatives, particularly in large metropolitan areas. This webinar presents an economic impact analysis of not proceeding with “first-mile” transit access projects in New York City, Chicago, and Los Angeles under the proposed funding framework. 

In this webinar, we will examine three sample major transit infrastructure projects modeled after projects that are currently in the planning phase: New York’s Interborough Express, Chicago’s Red Line Extension, and Los Angeles’ East San Fernando Valley Light Rail. This analysis will leverage REMI TranSight, REMI SEI, and REMI-AI to assess the potential economic effects of project delays or cancellations, including changes in job creation, GDP growth, personal income, and transit access in select communities. 

By comparing cities with mature transit systems (New York and Chicago) to a city with a more developing system (Los Angeles), we explore how differences in regional economic structures, labor markets, and transportation networks may lead to varied outcomes across regions. 

The Housing Crisis: Modeling Solutions with REMI-AI

We hope you will join us for an upcoming REMI webinar titled, “The Housing Crisis: Modeling Solutions with REMI-AI“. This presentation is occurring from 2:00-3:00pm ET on Wednesday, July 23rd. This webinar will be presented by Saanvi Bajaj, Sean McCarthy, and Owen Zinn-Keane from REMI.

Join us for an insightful webinar on the economic impacts of housing investment in Connecticut, where we will explore how addressing the critical housing shortage will lead to economic competitiveness, workforce retention, and regional revitalization. The state currently faces an estimated housing deficit of 100,000–150,000 units, with especially limited availability of affordable one- to two-bedroom homes suited for young adults and middle-income residents. In this webinar, we will use the REMI PI+ model to evaluate the economic, social, and fiscal impact of adding 10,000 new affordable housing units across Connecticut, highlighting potential consequences on employment, labor force participation, tax revenues and housing affordability for the younger population.

Our analysis will evaluate the potential benefits of new housing construction, including job creation, increased tax revenues, improved affordability, and stronger consumer spending. We’ll also examine how targeted development can better serve Connecticut’s emerging workforce and stabilize regional economies. Whether you are a policymaker, developer, or community advocate, this session will offer insights into how housing investment may influence economic growth, affordability, and access for residents of different age and income groups.

Economic Impact of Texas’ Military Installations

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Texas is the home of some of the oldest and most active military bases in the United States, and these bases have significant economic impacts on Texas and regions within Texas. Using REMI PI+, The Texas Military Preparedness Commission and Texas Comptroller conducted an economic impact analysis of all the military installations in Texas to help quantify these impacts. 

In this webinar, Trinity Elkins and David Green will give an overview of the military installations in Texas. They will then present the findings of their military base economic impact analysis. Specifically, they will discuss their findings on total employment, including both direct and indirect output, disposable personal income, and more.  

CMTS Lunch & Learn: Economic Impact Modeling

On Wednesday, April 30, 2025, Dr. Peter Evangelakis, Senior Vice President of Economics & Consulting at REMI, and Celso Lopez, Economic Assistant Intern, conducted a guest presentation for the U.S. Committee on the Marine Transportation System’s (CMTS) Lunch & Learn series.  

In this presentation, Peter and Celso gave an overview of REMI’s modeling capabilities, focusing on resilience investment analysis. They discussed REMI’s work relating to the economic impacts of the Francis Scott Key Bridge collapse as well as the Department of Homeland Security’s study analyzing a potential Poe Lock closure and the associated economic effects. They then conducted a live demonstration of REMI TranSight, focusing on an inland waterways disruption scenario. 

Click here to watch a recording of the webinar. 

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Resilience Investment: Regional Economic Impacts

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Click here to view Igor’s slides from this presentation.

Click here to view Jeff’s slides from this presentation.

The capacity to recover quickly from disruptions is just as important for regional economies as it is to global networks. Metropolitan and state transportation networks are especially susceptible to systemic or random events that can decrease performance and negatively impact economic and social well-being. More now than ever, the study of resilience and its intersection with risk, efficiency, and security is of paramount importance for increasingly complex systems to function.

In this webinar, Dr. Igor Linkov of the U.S. Army Corps of Engineers and Carnegie Mellon University will discuss his research into resilience and the cascading socioeconomic effects of disruptions to transportation networks. He will use a resilience analysis of roads and railways as well as of DFW airport as a case study to demonstrate why resilience investment is critical to regional economies.