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failure to act closing the infrastructure investment gap for america's economic future

The High Cost of Underinvesting in Infrastructure: $9 a day

Today’s release of the American Society of Civil Engineers’ Failure to Act: Closing the Investment Gap for America’s Economic Future reveals that inadequate infrastructure is costing every American family $3,400 a year in disposable income. The economic study, an update to the initial series ASCE released prior to the 2013 Report Card, identifies the 10-year......

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leaking pipe of drinking water

Closing America’s Infrastructure Gap

Infrastructure is the backbone of our economy and when it’s not maintained all Americans feel the effects, but what does that look like in dollars for my family, my business and the overall economy? The American Society of Civil Engineers’ new economic study, Failure to Act: Closing the Infrastructure Investment Gap for......

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Water Infrastructure: Container Ship

Infrastructure in the News: Investing in how we move people and goods

Airline legislation, port investment and more states vocalizing the need for infrastructure investment mark this week’s infrastructure headlines. According to The Hill, the long-term reauthorization of Federal Aviation Administration (FAA) programs overcame a major hurdle Wednesday. The Senate’s reauthorization bill would green-light FAA programs through September 2017, addressing airport security issues and more. In addition......

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planes

A Day to Support Our Ports: United for the Future

Outside of boarding a cruise ship, you likely don’t give much thought to ports. But this is an area of infrastructure that delivers so much to your daily life. In 2014 (the last year with data available), U.S. ports hosted $4.6 trillion in economic value worth of activity. Ports are the gateway to global trade,......

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wastewater

Senate Takes Turn Preparing for New Water Resources Bill

Just a week after the House held a discussion on what a new Water Resources Develop Act (WRDA) should look like, the Senate Committee on Environment and Public Works held a hearing Wednesday to kick off that chambers work on the legislation. Opting for a more formal setting than the House roundtable approach, the Senate......

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mattei

House Committee Convenes Roundtable Discussion on Next Federal Water Resources Bill

The House Subcommittee on Water Resources held a round table this week as Congress gears up to pass a new Water Resources Development Act (WRDA) in 2016. Back in November the committee held a similar discussion in New Orleans. During each roundtable – a less formal setting than a traditional hearing – committee members heard......

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fast act

Infrastructure in the News: Infrastructure on the FAST track to improvement

The bipartisan Congressional approval of the FAST Act (Fixing America’s Surface Transportation) and the release of Hilary Clinton’s infrastructure proposal make this week a busy one indeed. After numerous short-term transportation bill patches and long hours of negotiating, Congress has finally approved a five-year, $305 billion highway, transit and railway authorization bill that President Obama......

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Be a Part of Infrastructure Week

The national week dedicated to highlighting the critical importance of investing in and modernizing America’s infrastructure systems, and the essential role infrastructure plays in our economy is May 11-15. The third-annual Infrastructure Week includes more than 30 events around the country from Alaska to Louisiana to New York. A few of the events include: MONDAY in Washington, D.C.......

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Moving Goods Moves the Economy

On Tuesday, the U.S. Senate Commerce Transportation subcommittee held a hearing on the role of U.S. ports, titled “Keeping Goods Moving.” Recently, the west coast ports have experienced major backups. These delays and their economic impact could be a glimpse of things to come if we fail to modernize our freight transportation network to meet......

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