http://www.apta.com/resources/reportsandpublications/Documents/Impacts-of-Recession-August-2011.pdf
From the Executive Summary:
Public transportation agencies across the United States continue to face budgetary challenges as a result of the
current recession. Many transit agencies saw decreases in state and local funding in the past year. In order to
survive, agencies have been forced to cut service, raise fares, lay off employees, and implement hiring freezes,
among other actions. The actions come even as agencies are expected to serve an increased number of riders.
This report, based on a March 2011 survey, provides a national perspective on the extent to which the recession
is affecting public transportation agencies and the millions of Americans who use their services.