Executive Briefings

Robust Manufacturing in U.S. Depends on Improved Transportation

The U.S. manufacturing industry is in the midst of a comeback. Manufacturers are gladly shifting from securing demand to meeting demand. However, reworking the U.S. transportation infrastructure is essential to the success of this progress.

Today there are more than 4 million miles of road, 600,000 bridges, and 3,000 transit providers in the U.S. that have been impacted from the falling share of GDP dedicated to transportation from federal, state and local levels – while population, congestion and maintenance backlogs have increased, according to “An Economic Analysis of Transportation Infrastructure Investment,” prepared this year by the National Economic Council and the President’s Council of Economic Advisers.

If this lack of investment and attention persists, it could be a significant roadblock to a flourishing manufacturing industry here in the homeland.

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Today there are more than 4 million miles of road, 600,000 bridges, and 3,000 transit providers in the U.S. that have been impacted from the falling share of GDP dedicated to transportation from federal, state and local levels – while population, congestion and maintenance backlogs have increased, according to “An Economic Analysis of Transportation Infrastructure Investment,” prepared this year by the National Economic Council and the President’s Council of Economic Advisers.

If this lack of investment and attention persists, it could be a significant roadblock to a flourishing manufacturing industry here in the homeland.

Read Full Article