Infrastructure is the lifeline of our economy, and like everything, it has a lifespan. In many areas, the roads, drinking water systems and dams are simply too old. ASCE’s 2009 Report Card for America’s Infrastructure graded the U.S. infrastructure with a “D.”
Now, ASCE has launched a new series of reports that take a closer look at the economic opportunity that is linked to infrastructure investment. These economic studies look forward to 2020 and 2040 to determine potential harm to GDP, personal income, and jobs if needed investments are not made.
The first two Failure to Act studies on surface transportation and water were released in 2011, and the latest report on electricity infrastructure was released on April 26, 2012. The final Failure to Act summary report will be available in September 2012.
Click here for the executive summary and infographics on electricity infrastructure
Click here to download the full report
For more information or to request copies of any of the Failure to Act reports, please e-mail govwash@asce.org.