Published in Last Word
Investing robustly in the nation's infrastructure will produce dramatic economic benefits, according to a report from the National Association of Manufacturers.
Results from a targeted and long-term increase of $100 billion per year in public infrastructure investments include:
- 1.3 million new jobs at the intial investment
- 1.3 percent real GDP incremental growth by 2020 and 2.9 percent by 2030
- $3 return on investment for every $1 invested
- $1,300 per household increase in take-home pay by 2020 and $4,400 by 2030.
To view the report, click here.
#Transportation