How to Profit from America’s Crumbling Infrastructure
There are many U.S. firms well positioned to benefit from the growth of infrastructure projects.Once every four years the American Society of Civil Engineers, or ASCE, evaluates our infrastructure. In its 2013 Report Card for America’s Infrastructure it gave an overall grade of D+, slightly better than the D- earned in 2009. And it estimates that in order to improve our infrastructure to a state of good repair, $3.6 trillion must be invested by 2020.
Additionally, a report from the National Association of Manufacturers entitled Infrastructure: Essential to Manufacturing Competitiveness revealed that 70% of the more than 400 manufacturers surveyed believe American infrastructure is in fair or poor shape, and 65% believe that our infrastructure is insufficient to respond to the competitive demands of a growing economy.
America’s infrastructure needs repair, and the competitiveness of our nation demands it. But who will pay?
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