If the investment gap is not addressed throughout the nation's infrastructure sectors, by 2039 the economy is expected to lose more than $10.3 trillion GDP.
Facts & Quotes
The total documented cumulative investment gap between projected needs and likely investment in critical major infrastructure systems is more than $5.6 trillion by 2039.
In 2013, six of the nation’s 30 largest airports were already experiencing congestion levels equal to the Wednesday before Thanksgiving one day per the average week. In 2014, the number of airports already at that congestion level has more than doubled to 13.
U.S. air traffic control uses technology from the World War II era that causes systematic delays and cancellations.
U.S. air traffic congestion has steadily increased over the last decade, with record levels of delays at our busiest airports. The U.S. now has the world’s worst air traffic congestion: more than 1 in 5 flights departing our busiest airports are delayed, and 48% of delays in our 5 largest metropolitan areas are caused by our outdated aviation system. This problem will get worse in the future, as air travel is projected to double or even triple by 2025.
The U.S. Army Corps of Engineers estimates that full channel dimensions at the nation’s busiest 59 ports are available less than 35 percent of the time.This situation can increase the cost of shipping as vessels carry less cargo in order to reduce their draft or wait for high tide before entering a harbor.
The amount of freight moved in the U.S. is projected to grow 15 percent by 2045 and America's trade volume is expected to quadruple after 2030. By 2037, the U.S. will export more than 52 million shipping containers through U.S. seaports each year.
Since 1950, the population of the United States more than doubled but the road system grew only from 3.3 million miles to more than 4.1 million miles.
The American Society of Civil Engineers’ 2017 Report Card on America’s Infrastructure graded America’s infrastructure a D+.
Americans wasted 54 hours sitting in congestion in 2018 and wasted 3.3 billion gallons of fuel – equal to one full work week and three weeks’ worth of gas for every traveler. This is up from 16 hours in 1982.
The economic competitiveness of U.S. transportation was ranked number one in the world in 2005. In 2019 it was ranked 13th.
“Federal investment in infrastructure is the necessary catalyst for future economic growth and to enable the private sector to effectively compete in the global economy. This investment is long overdue.”