John Hennessy III,
P.E.
The American Society of Civil Engineers’ “Failure to Act: Closing the Infrastructure Investment Gap for America’s Economic Future” economic study finds that our nation’s inadequate infrastructure is costing your family $3,400 a year. Watch the video to learn more about how underinvesting in infrastructure comes at a high cost.
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AMERICAN SOCIETY OF CIVIL ENGINEERS (ASCE)
From 2016 to 2025, each household will lose $3,400 each year in disposable income due to infrastructure deficiencies; and if not addressed, the loss will grow to an average of $5,100 annually from 2026 to 2040, resulting in cumulative losses up to almost $34,000 per household from 2016 to 2025 and almost $111,000 from 2016 to 2040 (all dollars in 2015 value).
AMERICAN SOCIETY OF CIVIL ENGINEERS
Infrastructure is the physical framework upon which the U.S. economy operates and the nation’s standard of living depends. Everything depends on this framework, including transporting goods, powering factories, heating and cooling office buildings, and enjoying a glass of clean water.
AMERICAN SOCIETY OF CIVIL ENGINEERS
This report illustrates the importance of electric power generation, transmission and distribution systems to the national economy. The analysis performed focuses on a trend scenario that presumes the mix of electricity generation technologies (e.g. electricity generation from oil, natural gas, coal, nuclear, hydro, wind, solar) continues to evolve as reflected in recent trends, including a long-term evolution towards smart grid technologies.
America must invest in overhauling and expanding its aging water and wastewater infrastructure, some of it a century old, or face grave economic consequences, according to a study produced for ASCE, Failure to Act: The Economic Impact of Current Investment Trends in Water and Wastewater Treatment Infrastructure. This news report on the study, featuring ASCE […]
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