How underinvesting in American infrastructure creates real economic consequences for jobs, income, businesses, and the U.S.
ASCE’s Failure to Act economic studies show the impact on
America’s economy if we continue only at current infrastructure
investment levels. Looking at current trends in infrastructure
conditions and investment levels, this report series shows the economic
consequences of continued underinvestment in our nation’s
infrastructure, and, conversely, if we increase investment levels to
achieve a state of good repair, the gains that could be made by 2020 in
The culminating report was released on January 15, 2013 and presents
an overall picture of the economic opportunity associated with
infrastructure investment and the cost of failing to fill the investment
ASCE finds that with an additional investment of $157 billion a year
between now and 2020, the U.S. can eliminate this drag on economic
growth and protect:
Failure to Act: Read the full report
in our nation’s roads, bridges, and transit systems will protect
877,000 jobs and $1,060 per year for American families by 2020.
Airport congestion is on the rise. If we increase investment in our airports, over $300 billion in GDP will be protected.
investing in our water infrastructure to make it more reliable, we
can prevent $147 billion in increased costs to businesses by 2020.
additional investment of $11 billion per year between now and 2020 in
our electricity infrastructure can protect 529,000 jobs and $656
billion in personal income.