According to the National Association of Home Builders, buyer traffic for new homes slowed in February. What about the rest of the retail economy? Rutgers Economist Joseph Seneca says while shoppers may not be spending money on certain purchases, they are buying more winter clothing, snow shovels and rock salt.
Ralph and White: Is Induced Travel Covered in Transportation Engineering Textbooks?
By Dr. Kelcie Ralph and Ellen Oettinger White (PhD '23) published this article in Transportation Research Record: Journal of the Transportation Research Board. Abstract Induced travel is the new travel that materializes after expanding infrastructure, and accounting...