The Economic Benefits of Investing in Water Infrastructure
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This economic impact analysis from the The Value of Water Campaign quantifies the the need to increase investments in the nation’s water infrastructure and the impacts on economic growth and employment.
Based on a 2016 assessment by the American Society of Civil Engineers (ASCE), this study estimates that the US needs to invest an additional $82 billion per year in water infrastructure at all levels of government over the next 10 years to meet projected capital needs.
Closing the investment gap would result in over $220 billion in total annual economic activity to the country.
For every $1 million invested in water infrastructure, it is estimated that upwards of 15 jobs are generated across the economy.