The information provided here is for informational and educational purposes and does not necessarily reflect the opinion and/or policy position of the Georgia Municipal Association.
From 2016 to 2025, each household will lose $3,400 each year in disposable income due to the nation's infrastructure deficiencies.
The American Society of Civil Engineer's 2017 report, Failure to Act: The Impact of Infrastructure Investment on America’s Economic Future
, makes the case that the U.S. infrastructure funding deficit significantly impacts both the quality and quantity of jobs in the nation's economy, and has a substantial impact on household incomes.
Key findings in the report include:
- The amount of household disposable income lost because of the infrastructure investment gap will increase to $5,100 annually by 2040 from $3,400 annually in 2025.
- If the infrastructure investment gap is not addressed, the nation's GDP is expected to lose $4 trillion in GDP and 2.5 million jobs in 2025.
- The average annual surface transportation investment gap is expected to increase from $91 billion to $110 billion by 2025.
- The average annual water and wastewater investment gap will decrease slightly from $11.3 billion to $10.5 billion by 2025. The decrease can be attributed to projects being funded through the American Recovery and Reinvestment Act.