Failure to act : the economic impact of current investment trends in surface transportation infrastructure /
The nation's surface transportation infrastructure includes the critical highways, bridges, railroads, and transit systems that enable people and goods to access the markets, services, and inputs of production essential to America's economic vitality. For many years, the nation's surf...
| Corporate Authors: | , |
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| Format: | eBook |
| Language: | English |
| Published: |
Reston, VA :
American Society of Civil Engineers,
2011.
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| Subjects: | |
| Online Access: | Connect to the full text of this electronic book |
| Summary: | The nation's surface transportation infrastructure includes the critical highways, bridges, railroads, and transit systems that enable people and goods to access the markets, services, and inputs of production essential to America's economic vitality. For many years, the nation's surface transportation infrastructure has been deteriorating. Yet because this deterioration has been diffused throughout the nation, and has occurred gradually over time, its true costs and economic impacts are not always immediately apparent. In practice, the transportation funding that is appropriated is spent on a mixture of system expansion and preservation projects. Although these allocations have often been sufficient to avoid the imminent failure of key facilities, the continued deterioration leaves a significant and mounting burden on the U.S. economy. This report is about the effect that surface transportation deficiencies have, and will continue to have, on U.S. economic performance. In 2010, it was estimated that deficiencies in America's surface transportation systems cost households and businesses nearly $130 billion. In 2040, America's projected infrastructure deficiencies in a trends extended scenario are expected to cost the national economy more than 400,000 jobs. |
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| Item Description: | "This report was prepared for the American Society of Civil Engineers by Economic Development Research Group, Inc." Title from cover screen (viewed on August 5, 2011). |
| Physical Description: | 1 online resource (2 volumes) : illustrations, maps |
| Bibliography: | Includes bibliographical references. |
| ISBN: | 9780784478783 0784478783 |