The First Two Years Were a Bit Bumpy
On its 2017 Infrastructure Report Card, the American Society of Civil Engineers (ASCE) gave the U.S. a grade of D+. The ASCE notes that unless the country corrects its current underinvestment in infrastructure, there will be a $1.1 trillion funding gap by 2025. This gap could lead to a potential loss of almost $4 trillion in total economic activity, as well as the forfeiture of up to 2.5 million jobs that would have otherwise been supported. If our nation’s pattern of underinvestment persists until 2040, that infrastructure funding gap essentially quadruples to $4.3 trillion.