P. 1
The U.S. Twenty: The Twenty Themes That Will Dominate Markets Over The Next Decade

The U.S. Twenty: The Twenty Themes That Will Dominate Markets Over The Next Decade

4.0

|Views: 2,189|Likes:
Published by Eric Platt

More info:

Published by: Eric Platt on Sep 07, 2012
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See more
See less

12/23/2012

pdf

text

original

• Underinvestment in major infrastructure projects has weakened the
backbone of the U.S. — it’s interstate highway system. The World
Economic Forum currently ranks the U.S. 16th

in terms of infrastructure

quality.

• Worse, spending is not anticipated to pick up over the next decade.

Business
Insider

The country’s highway system is highly strained

• The latest transportation bill, which barely passed, keeps infrastructure
spending at current levels of $105 billion over the next two years

• The Urban Land Institute estimates the U.S. will need to spend $2 trillion
just to repair current systems

A
Weakening
Foundation

Business
Insider

Budget constraints have weighed on public
construction spending, which has fallen 15% from
its peak to $274 billion in 2012

A
Weakening
Foundation

Source: Eric Platt/Business Insider, Federal Reserve Bank of St. Louis

Total Public Construction Spending in the United States

Business
Insider

And yet two of the country’s largest infrastructure
projects remain on track

• A notable exception to this slowdown is New York City, which has seen
its largest capital expansion in history under Mayor Michael
Bloomberg. The city will spend upwards of $50 billion over the next 10
years on projects like the extension of the 7 train and the Second
Avenue Subway.

• In contrast, New Jersey Governor Chris Christie nixed a planned $8.7
billion tunnel under the Hudson river that would have doubled the
number of commuter trains entering the city, saying the state could
not afford it.

A
Weakening
Foundation

Business
Insider

You're Reading a Free Preview

Download
scribd
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->