U.S. President Donald Trump says his infrastructure plan "will spur the biggest and boldest infrastructure investment in American history." Considering the Global Infrastructure Hub's (GI Hub) current predictions, investment is sorely needed. However, Trump's proposal might not go far enough.
According to the Hub, the funding gap for all sectors will accumulate to $3.8 trillion, counting together each year's gap from 2016 to 2040. By far the biggest gap is in investment in roads. In this sector alone, the GI Hub estimates a lack of funding of $94.5 billion for 2018, which makes up 88.6 percent of the overall funding gap expected for this year.
Potholes To Be Expected
This chart shows projected infrastructure investment gaps by sectors in the United States (in billion U.S. dollars)
Feb 14, 2018
Read Next
Latest in Supply Chain
Confidently Sourcing Electronic Chips on the Open Market
November 28, 2023
White House Announces 30 Actions to Bolster Supply Chains
November 28, 2023
Truckers Would Be Required to Be Paid Overtime Under New Bill
November 21, 2023