Report: Funding Water Infrastructure Benefits Economy
The United States is underinvesting in its drinking water and wastewater systems — putting American households and the economy at risk, according to a new report released by the American Society of Civil Engineers and Value of Water Campaign. The report, “The Economic Benefits of Investing in Water Infrastructure: How a Failure to Act Would Affect the U.S. Economy Recovery,” finds that as water infrastructure deteriorates and service disruptions increase, annual costs to American households due to water and wastewater failures will be seven times higher in 20 years than they are today — from $2 billion in 2019 to $14 billion by 2039.
