Road to Growth | Business Roundtable

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What is Business Roundtable

Business Roundtable (BRT) is an association of chief executive officers of leading U.S. companies working to promote sound public policy and a thriving U.S. economy.

More Than Leaders. Leadership.

Business Roundtable is an association of chief executive officers of leading U.S. companies working to promote a thriving economy and expanded opportunity for all Americans through sound public policy.

About BRT

The Case for Investing in America’s Infrastructure

Transportation infrastructure is the backbone of a modern, competitive and productive economy. Once the envy of the world, America’s highways, bridges, railways, airports, transit systems and waterways are deteriorating due to inevitable wear and tear.

Stretched beyond capacity by the demands of today’s global economy and a growing population, America’s transportation infrastructure provides an opportunity for policymakers to reinvest in a critical driver of our entire economy.
 

General

How does the U.S. stack up globally?

U.S. infrastructure ranked 12th in the world in terms of quality overall, behind Switzerland, France and Japan.
Roads & Bridges

1 in 5

bridges in the national highway system is structurally deficient or functionally obsolete.
Roads & Bridges

40%

of major urban highways are congested.
Investment

Investment will boost economic output by up to $320 billion.

Increasing U.S. infrastructure investment by the equivalent of 1% of GDP per year could boost economic output by up to $320 billion in 2020.
Investment

3 Million

U.S. jobs created in the first year by an annual infrastructure investment of $250 billion.
General

D+

America's Infrastructure Scorecard.
Ports & Waterways

132,000

Hours of lock shutdowns along U.S. waterways as a result of maintenance and unexpected delays.
Roads & Bridges

The lost time adds up.

The annual delay for the average U.S. commuter? 42 hours.
Transit Systems

$90 Billion

Cost to bring the nation's transit system up to a "state of good repair."
Investment

$3

Nearly $3 returned for every $1 of investment by 2030.
Roads & Bridges

A mounting problem.

The U.S. Highway Trust Fund is no longer adequate to fully fund U.S. federal highway construction and maintenance.
Ports & Waterways

2 Hours

Average delay at U.S. waterway locks in 2014 due to outdated infrastructure, double the delay time in 2000.
Transit Systems

50%

of U.S. urban public buses are rated “marginal or poor.”
Investment

The cracks begin to show.

The gap between spending on system upkeep, basic repairs and temporary fixes (i.e., operations and maintenance) and spending on major system upgrades and improvements (i.e., capital expenditures) has steadily increased since the 1970s.
Aviation

$34 Billion

Annual cost of U.S. aviation congestion and delays by 2020.
Aviation

20%

Share of US aviation arrivals & departures that are delayed, many due to air traffic control system.
Roads & Bridges

$160 Billion

Cost of highway congestion in 2014.
Passenger Rail

38%

Share of U.S. transit rail station infrastructure that is "below a state of good repair."
Aviation

78%

of 50 largest U.S. airports expected to experience “Thanksgiving-like" congestion levels on a regular basis (at least one day per week) within the next 5 years.
Investment

38%

Federal government share of public capital expenditures on infrastructure.
Aviation

26th

Cincinnati/Northern Kentucky International Airport is the highest-ranked U.S. airport out of the world’s top 50. Only 5 U.S. airports made the list.

Download the Full Report

This report outlines the economic cost of neglecting America’s transportation infrastructure and the positive effects of reinvesting in it for the 21st Century. This Business Roundtable analysis contrasts America’s current investment with 20th Century levels and guides policymakers forward in efforts to rebuild this vital economic foundation.