Failure to Act: The Impact of Current Infrastructure Investment on America's Economic Future

Abstract

  • Prepared for the American Society of Civil Engineers by Economic Development Research Group, Inc., and Downstream Strategies

    Each report in the Failure to Act series provides an objective analysis of the economic implications for the United States of its continued underinvestment in infrastructure. Reports in the series assess the implications of present trends in infrastructure investment for the productivity of industries, national competitiveness, and the costs for households. Analysis considers both the building of new infrastructure to meet increasing population and expanded economic activity and the maintenance or rebuilding of existing infrastructure that needs repair or replacement.

    This report answers the key question of how the condition of U.S. infrastructure systems affects the nation's economic performance. It analyzes nine of the 16 infrastructure categories examined in ASCE's The Report Card for America's Infrastructure, published in 2009. Topics include: an introduction; economic impacts of failing to invest across infrastructure systems; review of infrastructure sectors, including a summary of findings from the four earlier studies; and conclusions.

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