Additional information and the report itself are available here on www.uli.org.
Two related ULI press releases were issued on May 16th: - One focuses on the critical role of local and state governments in meeting U.S. infrastructure requirements. It references the new report's findings that state and local governments account for ~75% of all U.S. infrastructure spending, with the federal government supplying the rest, and infrastructure spending as a % of GDP has shrunk to 2.4% from a peak of more than 3% during the 1960s. With uncertain federal support, state and local governments are advocating local tax rises and higher use fees and tolls to pay for key infrastructure investments, and governors and mayors are promoting infrastructure initiatives by emphasizing their associated employment opportunities and economic stimulus. The full press release is available here on www.uli.org.
- Another press release notes that transportation infrastructure continues to take priority in Asia Pacific's rapidly urbanizing countries such as China and India, but according to the new report, more emphasis is needed on energy, water, and waste management systems. The full press release is available here on asia.uli.org.
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