Recent analysis using the Transportation Economic Development Impact System (TREDIS), a widely used tool employed by the U.S. Department of Transportation and more than 30 state departments of transportation, shows strong long-term economic benefits resulting from the Mid-States Corridor Project. Results indicate benefits are more than four times the project cost. The findings highlight what has been the central focus of the project since the start of the Tier 1 Study: improving accessibility.
Better regional access is especially important for southern Indiana’s manufacturing and distribution sectors, which depend on connections to major markets and freight routes. Manufacturing is essential to Dubois County’s economy, supporting local families through good-paying jobs and contributing to the community’s tax base and economic stability—strengthening this sector benefits the broader region.
Why Connection Drives Growth
The project is designed to:
- Increase access to major business markets
- Improve truck and freight efficiency across southern Indiana
- Strengthen connections to intermodal transportation centers
Because accessibility is such a key driver of economic activity, the project also supports broader goals of economic development and regional growth.
Strong Long-Term Economic Outlook
The Phase 1 analysis for Section 2 of the project in Dubois County shows meaningful long-term benefits that build over time and extend well beyond construction.
By 2050, the analysis projects:
- 1,371 new jobs created
- 961 new households added
- 2,043 additional residents in the region
- $427 million in additional annual business output in 2050 alone
The largest gains are expected in:
- Manufacturing: $180 million
- Agriculture: $92 million
Overall, the cumulative impact on the local economy from the start of construction through the study horizon year (2050) is projected to reach approximately $8 billion in total value.
A Strong Return on Investment
One of the most notable findings is the project’s Benefit-Cost Ratio of more than 4 to 1, meaning the expected benefits are more than four times greater than the estimated project costs.
To make this comparison, future benefits are adjusted using a standard 3% annual discount rate, which is an accepted industry practice. This allows future economic benefits to be compared fairly with present-day costs.
Looking Ahead
These results reflect a long-term outlook for improved mobility, stronger freight movement, and expanded economic opportunity across the region as the project advances.
The TREDIS analysis and more detailed information will be available when the Draft Environmental Impact Statement (DEIS) is released. At that time, the two remaining alternatives will be narrowed to a single preferred option, and a public hearing will be held.