Wednesday, May 18, 2016

ASCE: Infrastructure underinvestment to cost U.S. families $3,400 a year

May 9, 2016 | By: Brittney Kohler
fta 2016
Failure to Act - 2016 Report
Infrastructure is the backbone of our economy and when it’s not maintained all Americans feel the effects, but what does that look like in dollars for my family, my business and the overall economy?
The American Society of Civil Engineers’ new economic study, Failure to Act: Closing the Infrastructure Investment Gap for America’s Economic Future will be released on May 10th and will highlight exactly how much America's infrastructure investment gap is impacting the U.S. economy and household income. The report quantifies how the failure to invest in our aging infrastructure impacts the economy, including:
  • GDP
  • jobs
  • personal disposable income, and
  • business sales.

(Source: http://www.infrastructurereportcard.org/asce-news/closing-americas-infrastructure-gap/)

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