January 2021 APTA survey of public transit industry businesses

More than three in four businesses (76 percent) have seen a reduction in their transit industry business as a result of the COVID-19 pandemic. [...] Have you seen a reduction in your transit business due to the pandemic? No 24% Average Reduction in Business: Yes 40% 76% J A N U A R Y 2 0 2 1 One-third of businesses (35 percent) have furloughed employees as a result of the pandemic. [...] More than one-half (53 percent) of businesses have cut back hiring, four in 10 businesses (39 percent) have deferred investments in their company, and 11 percent have been forced to close a facility. [...] Which best describes your business? 50% 46% 40% 33% 30% 20% 10% 10% 5% 5% 0% Other Transit Management Manufacturer Contractor Consultant Company C O V I D - 1 9 P A N D E M I C T H R E A T E N S P U B L I C T R A N S I T B U S I N E S S E S J A N U A R Y 2 0 2 1 The American Public Transportation Association (APTA) The American Public Transportation Association is a nonprofit international associa. [...] McCarragher Senior Policy Analyst Vice President, Government Affairs and 202.496.4817 | mdickens@apta.com Advocacy 202.496.4828 | wmccarragher@apta.com APTA Vision Statement APTA leads public transportation in a new mobility era, advocating to connect and build thriving communities C O V I D - 1 9 P A N D E M I C T H R E A T E N S P U B L I C T R A N S I T B U S I N E S S E S J A N U A R Y 2 0 2 1.