Failure to Act Report 2013 (Summary w/ Infographic) by the ASCE
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This economic report is produced by the American Society of Civil Engineers (ASCE)
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Failure to Act Report 2013 (Summary w/ Infographic) by the ASCE
- 1. INVESTING IN INFRASTRUCTURE - OUR NATION’S ECONOMIC ENGINE BETWEEN NOW AND 2020, THE INVESTMENT BY INVESTING AN ADDITIONAL SHORTFALL WILL GROW TO $1.1 TRILLION. $157B PER YEAR THROUGH 2020, WE CAN PREVENT: $1.1T GAP $1.66T $2.75T CURRENT FUTURE NEED NEED $3.1 Trillion $1.1 Trillion loss in GDP loss in total trade $3,100 $2.4 Trillion per year drop in personal drop in consumer AGING AND UNRELIABLE INFRASTRUCTURE disposable income per spending WILL INCREASE COSTS BY household $1.2 TRILLION $611HOUSEHOLDS BILLION 3.5 Million job losses FOR BUSINESSES FOR Learn more at asce.org/failuretoact
- 2. INVESTING IN INFRASTRUCTURE: OUR NATION’S ECONOMIC ENGINE AIRPORTS 39 134 BILLION $ $ INVESTMENT NEED 95 BILLION $ BILLION EXPECTED FUNDING INVESTMENT GAPBY 2020 SEAPORTS & WATERWAYS 16 30 BILLION $ $ INVESTMENT NEED 14 BILLION $ BILLION INVESTMENT GAP EXPECTED FUNDING BY 2020 SURFACE TRANSPORTATION 1.7 TRILLION $ INVESTMENT NEED $ 846BILLION 877 BILLION INVESTMENT GAP $ EXPECTED FUNDING BY 2020 ELECTRICITY 107 $ 736 BILLION INVESTMENT NEED $ $ 629 BILLION EXPECTED FUNDING BILLION INVESTMENT GAP BY 2020 DRINKING WATER & WASTEWATER 84 126 BILLION $ $ INVESTMENT NEED BILLION INVESTMENT GAP 42 BILLION $ EXPECTED FUNDING BY 2020 AMERICA’S INFRASTRUCTURE INVESTMENT GAP: 2.75 1.1 $ TRILLION $ 1.66 INVESTMENT NEED TRILLION $ TRILLION EXPECTED FUNDING INVESTMENT 2013 2020 GAP BY 2020 WITHOUT INCREASED INVESTMENT, TRANSPORTATION DELAYS, BLACKOUTS AND BROWNOUTS AND WATER MAIN BREAKS WILL LEAD TO INCREASED COSTS OF $1.2 TRILLION TO BUSINESSES AND $611 BILLION TO HOUSEHOLDS BY 2020. BY INVESTING $157 BILLION A YEAR, WE CAN PROTECT: $ 3.1 TRILLION IN GDP $ 1.1 TRILLION IN U.S. TRADE VALUE 3.5 MILLION JOBS $ 2.4 TRILLION IN CONSUMER SPENDING 2012 $10 ,000 $20 ,000 $30 ,000 2020 AND PREVENT, AN AVERAGE LOSS OF MORE THAN $ 3,100 / YEAR THROUGH 2020 IN DISPOSABLE PERSONAL INCOME, AMOUNTING TO $28,000 PER HOUSEHOLD OVER THE NEXT 10 YEARS LEARN MORE AT WWW.ASCE.ORG/FAILURETOACT