Failure to Act: Closing the Infrastructure Investment Gap for America's Economic Future

Every four years, the American Society of Civil Engineers (ASCE) publishes The Report Card for America’s Infrastructure, which grades the current state of national infrastructure categories on a scale of A through F. Since 1998, America’s infrastructure has earned persistent D averages, and the failure to close the investment gap with needed maintenance and improvements has continued. When the next Report Card for America’s Infrastructure is released in 2017, it will provide an updated look at the state of infrastructure conditions, but the larger question at stake is the implication of D+ infrastructure on America’s economic future. The Failure to Act report series answers this key question—how does the nation’s failure to act to improve the condition of U.S. infrastructure systems affect the nation’s economic performance? In 2011 and 2012, ASCE released four Failure to Act reports in a series covering 10 infrastructure sectors that are critical to the economic prosperity of the U.S. These reports were followed by a fifth, comprehensive final report, Failure to Act: The Impact of Infrastructure Investment on America’s Economic Future, which addressed the aggregate economic impact of failing to act in more than one sector. The purpose was to provide an aggregate analysis of the economic implications for the U.S. of continuing its current investment trends in multiple infrastructure categories. Failure to Act: Closing the Infrastructure Investment Gap for America’s Economic Future is an update to the Failure to Act comprehensive report; it addresses the current infrastructure gaps between today’s needs and investment and how they will affect the future productivity of industries, national competitiveness, and future costs to households. Sections include (1) Review of infrastructure sectors, including, surface transportation, water and wastewater, electricity, airports, and inland waterways and marine and ports infrastructure; and (2) Cumulative economic impacts of failing to invest, including, business effects, household effects, outcomes, and aggregate economic impacts.

Language

  • English

Media Info

  • Media Type: Digital/other
  • Features: References; Tables;
  • Pagination: 30p

Subject/Index Terms

Filing Info

  • Accession Number: 01599864
  • Record Type: Publication
  • Files: TRIS, ASCE
  • Created Date: May 16 2016 2:00PM