U.S. Infrastructure Not Making the Grade

We have all complained about the state of our highways, bridges, and transportation in general.  But how bad is it really?  Turns out, its bad.  Every four years, the American Society of Civil Engineers (ASCE) publishes The Report Card for America’s Infrastructure.  The report card grades the various categories of infrastructure (i.e., bridges, dams, highways, transit, etc.)

It should not come as a surprise to anyone that in the ASCE’s most recent report in 2017, the U.S. did not score very well.  In fact, the U.S. received a D grade.

So just how bad is it?  Just consider that the estimated investment gap between projected needs and likely investment for infrastructure needs will be more than $2.6 trillion by 2029 and more than $5.6 trillion by 2039.  The report goes on to state that if these infrastructure needs remain unaddressed, the impact to the economy could be significant, including a loss in gross domestic product of $10.3 trillion and 3 million fewer jobs by 2039.

The incoming administration has promised a $2 trillion infrastructure plan to be deployed during the next four years aimed at addressing many of the infrastructure needs facing our country.  While it remains to be seen what the final plan will look like, the problem cannot continue to be ignored.

While it’s probably too late to improve our grade for the ASCE’s 2021 report, it’s never too late to begin turning things around.  We can do better and need to do better. 

You’ve heard our thoughts… We’d like to hear yours

The Schneider Downs Our Thoughts On blog exists to create a dialogue on issues that are important to organizations and individuals. While we enjoy sharing our ideas and insights, we’re especially interested in what you may have to say. If you have a question or a comment about this article – or any article from the Our Thoughts On blog – we hope you’ll share it with us. After all, a dialogue is an exchange of ideas, and we’d like to hear from you. Email us at [email protected].

Material discussed is meant for informational purposes only, and it is not to be construed as investment, tax, or legal advice. Please note that individual situations can vary. Therefore, this information should be relied upon when coordinated with individual professional advice.

© 2021 Schneider Downs. All rights-reserved. All content on this site is property of Schneider Downs unless otherwise noted and should not be used without written permission.

our thoughts on
Construction Industry Opportunities for Extended Employee Retention Credit
Implementing Data Analytics
Construction BY Todd Lucas
U.S. Infrastructure Not Making the Grade
A Look at Some Ongoing Trends in the Construction Industry
CONFINDEX Remains Unchanged for Q3 2020
Postcard from Schneider Downs Construction Industry Webinar
Register to receive our weekly newsletter with our most recent columns and insights.
Have a question? Ask us!

We’d love to hear from you. Drop us a note, and we’ll respond to you as quickly as possible.

Ask us
contact us
Map of Pittsburgh Office
Pittsburgh

One PPG Place, Suite 1700
Pittsburgh, PA 15222

[email protected]
p:412.261.3644     f:412.261.4876

Map of Columbus Office
Columbus

65 East State Street, Suite 2000
Columbus, OH 43215

[email protected]
p:614.621.4060     f:614.621.4062

Map of Washington Office
Washington, D.C.

1660 International Drive, Suite 600
McLean, VA 22102

[email protected]
p:571.380.9003