The American Society of Civil Engineer‘s Failure to Act economic report series shows the economic consequences of continued under investment in our nation’s infrastructure, and the economic gains that could be made by 2020 in terms of GDP, personal disposable income, exports, and jobs if we choose as a country to invest in our communities.
The culminating report was released on January 15, 2013 and presents an overall picture of the economic opportunity associated with infrastructure investment and the cost of failing to fill the investment gap.
- $3.1 trillion in GDP, almost the equivalent of Germany’s entire GDP
- $1.1 trillion in U.S. trade value, equivalent to Mexico’s GDP
- 3.5 million jobs, more than the jobs created in the U.S. over the previous 22 months
- $2.4 trillion in consumer spending, comparable to Brazil’s GDP
- $3,100 in annual personal disposable income
Below is the full report, Failure to Act: The Impact of Current Infrastructure Investment on America’s Economic Future: