NEW YORK - At a time of national economic uncertainty, the public rebuilding of the World Trade Center will result in tens of thousands of good-paying jobs and a significant boost in regional economic activity, according to a Port Authority economic stimulus study released Thursday.

Presented at Thursday’s Board of Commissioner’s meeting, the Port Authority study showed that public investments in World Trade Center projects, including One World Trade Center, the Freedom Tower; the World Trade Center Transportation Hub; the National September 11 Memorial & Museum; World Trade Center retail and other related infrastructure will result in the creation of 26,538 direct jobs, including on-site construction, architecture and engineering, and program and construction management.  Including indirect jobs, such as those generated by industries that supply services, materials and machinery to the rebuilding effort, the jobs number grows to 62,336.

The World Trade Center projects also are expected to generate $3.7 billion in direct and indirect wages and total economic activity of $14.5 billion.

The number of jobs at the World Trade Center is rising just as the number of overall  construction jobs across the region is declining.  A recent report by the New York Building Congress found that New York City’s building boom will peak this year, and the number of city construction jobs is projected to fall by almost 30,000 by 2010.