Economic Studies

CFX Powers the Region’s Economy

The Central Florida Expressway Authority’s $2.5 billion Five-Year Work Plan (Fiscal Year 2020-2024) is an economic engine, powering growth in employment, income and business sales while also yielding savings in time and money for households. The Work Plan strategically identifies projects to be funded over a five-year period.

According to a study by the Center for Urban Transportation Research (CUTR), CFX’s 2020-2024 Five-Year Work Plan will have a substantial economic impact on the region. The study found that CFX’s plan is projected to:

  • Create an estimated 5,224 jobs annually in the Central Florida region, plus generate an additional 719 jobs elsewhere in Florida
  • Generate $1.4 billion in wages and income to the region
  • Stimulate $4.6 billion in total output (overall gross business sales)
  • Contribute $2.4 billion in overall gross domestic product

Furthermore, the study revealed other benefits of CFX’s strategic plan to expand and improve its toll road network over five years:

  • Area households will save a combined $33 million in annual out-of-pocket costs
  • Each household will save an average of 62 travel hours a year, or $729 a year
  • Area businesses will save an estimated $11 million in fuel consumption costs
  • Less harmful emissions, reduced annually by $20.8 million
  • Reductions of $308 million in costs related to travel and accidents

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Other CFX Plans

Strategic Business Plan

2040 Master Plan

Five-Year Work Plan

Additional Resources

Governing Board

Meetings Calendar

About CFX

CFX Contact Information

4974 ORL Tower Road
Orlando, FL 32807

Phone: (407) 690-5000
Fax: (407) 690-5011

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