LOGIN      CONTACT GMA      NEW TO GMA?                  
LOGIN      

U.S. Infrastructure Deficiencies Costs $3,400 Per Household

March 9, 2017  |  American Society of Civil Engineers
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.