U.S. infrastructure score improves to D+ in ASCE report

In its regular report card on the state of America’s infrastructure, the American Society of Civil Engineers (ASCE) issued a grade of D+, up from the “D” issued in its last report, published in 2009. While still a poor overall result, the report shows progress in six areas, including bridges, rail, wastewater and drinking water, according to a New York Times story. No category received a lower grade than that given in the previous report. Trends leading to the modest improvement include an increase in private financing of public projects (public-private partnerships, or PPPs) and renewed attention from state and local governments to kick-starting their own projects, rather than waiting for the federal government to provide money. ASCE estimates that the U.S. needs about $3.6 trillion of infrastructure investment by 2020, but current spending levels will leave a shortfall of $1.6 trillion. Click here to read the New York Times story, and click here to read the full ASCE report with an interactive analysis.

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