The International Information Center for Structural Engineers

Transportation Secretary Anthony Foxx discussed the United State’s “massive infrastructure deficit”, in his speech yesterday, at the U.S. Chamber of Commerce transportation conference.  His goal is to create a long-term transportation bill by the end of the year.  He believes that “a one- or two-year Band-Aid won’t cut it this time.”  Foxx did not provide any details about the length of the bill or the amount of funding needed to avoid “crippling” the U.S. economy.

A new chart released by BCA, an independent investment research company, shows that infrastructure spending on non-defense structures has seen a significant drop from roughly $325 billion in 2002 to under $250 billion in 2013.  It is important to note that this data includes both state and federal spending.  State investment in infrastructure has been very low since the recession began, and it is expected that this spending will increase in the future.

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