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As detailed in a new Solutions Brief released today, the COVID-19 crisis has made US infrastructure deficits an even more pressing 2020 issue in addressing slowdowns in the economy. An efficient investment in cutting-edge infrastructure connects businesses and workers to more opportunities; advances the capabilities for remote work, education, and e-commerce; increases productivity; and fuels American competitiveness—the critical components for putting our economy back on solid footing, as the Solutions Brief "Today’s Infrastructure Improvements Will Drive Tomorrow’s Economy" highlights. Among other things, this will require reducing regulatory burdens, enabling state and local communities maximum flexibility in financing projects, and fostering public-private sector partnerships.
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Strong public-private collaboration is essential to the delivery of timely, cost-effective infrastructure and manufacturing projects.
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Constrained supply chains and inflation in materials and wages have raised infrastructure project costs 49% since 2020
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