The Ultimate Professor

Increased Spending on U.S. Infrastructure Would Boost Economy, Report Says Landers, Jay . Civil Engineering ; New York  Vol. 84, Iss. 11,  (Nov 2014): 14.

ProQuest document link

ABSTRACT  

As a swelling chorus of commentators highlights the need for increased US spending on infrastructure, solutions

for closing the so-called investment gap remain elusive. While acknowledging the enormity of the problem, a new

report seeks to highlight the economic benefits that the US would derive should such a boost in funding occur.

Meanwhile, another report examines the extent to which funding for surface transportation in the US has declined

during the past decade, and a congressional panel offers recommendations for improving the prospects of public-

private partnerships as a means of delivering infrastructure projects. As a result of the added infrastructure

spending, real GDP would increase in all major US industries, but construction and transportation would improve

most. Much to the dismay of advocates of increased infrastructure spending, the federal government and the

states have cut spending on surface transportation during the past decade, and local government funding for such

efforts has remained essentially flat.

DETAILS

Subject: Government spending; Infrastructure; Construction; Gross Domestic Product--GDP

Location: United States--US

Classification: 9190: United States; 1120: Economic policy &planning; 8370: Construction

&engineering industry

Publication title: Civil Engineering; New York

Volume: 84

Issue: 11

First page: 14

Publication year: 2014

Publication date: Nov 2014

Section: Policy Briefing

Publisher: American Society of Civil Engineers

LINKS Linking Service

Database copyright  2018 ProQuest LLC. All rights reserved. Terms and Conditions Contact ProQuest

Place of publication: New York

Country of publication: United States, New York

Publication subject: Engineering--Civil Engineering

ISSN: 08857024

CODEN: CIEGAG

Source type: Scholarly Journals

Language of publication: English

Document type: Feature

ProQuest document ID: 1628862310

Document URL: https://search.proquest.com/docview/1628862310?accountid=28903

Copyright: Copyright American Society of Civil Engineers Nov 2014

Last updated: 2017-11-22

Database: Research Library,ProQuest Central