An economic analysis of transportation infrastructure investment

This report describes the long-term economic benefits of transportation investment and why conditions in the infrastructure sector are ripe for innovation, with new technologies and approaches promising significant gains in productivity, efficiency, and resilience. The report has five parts. Part I discusses the long-term benefits from infrastructure investment, which include less road congestion, more reliable shipments and travel times, and higher land values and local economic development. Part II describes immediate job creation in key industries. Part III discusses infrastructure impacts on American families, including impacts on household costs, vehicle operating and maintenance costs, and health and safety. Part IV describes the current budgetary climate. Part V concludes by highlighting the GROW AMERICA Act, a four-year, 302 billion dollar proposal to fund the U.S. transportation system and invest in the nation's future growth. The President's plan addresses the nation's significant infrastructure investment gap through targeted investments now and lays the groundwork for increased efficiency in the future.