A one day disruption in water service would cost $43.5 billion in sales and $22.5 billion in GDP.
Facts & Quotes
Over the next decade, the U.S. needs to invest an additional $82 billion per year in water infrastructure at all levels of government, and all over the country.
The federal government's contribution to water infrastructure capital spending has fallen from 63 percent of total capital spending in 1977 to just nine percent of total capital spending in 2014.
Fuel wasted sitting in traffic reached a total of 2.9 billion gallons in 2011 – enough to fill the New Orleans Superdome four times.
General Mills estimates that for every one mile per hour reduction in average speeds of its trucking shipments below the posted speed limits adds $2 million in higher annual costs.
By failing to invest in our vital transportation systems by 2020, businesses would pay an extra $430 billion in transportation costs, household incomes would fall by $7,000 and U.S. exports would fall by $28 billion.
According to UPS, if congestion causes each UPS delivery driver to incur 5 minutes of delay it would cost the company $100 million.
In Chicago, the nation’s biggest rail center, congestion is so bad that it takes a freight train longer to get through the city limits than it does to get to Los Angeles.
The on-site costs of mining metallurgical coal in North America may be the same as in Australia. But the cost of shipping it to the coasts to export it to Asia is up to 4 times greater due to transportation and logistical costs.
According to the US Department of Energy, a fully functioning smart grid will mean improved reliability, better efficiency and reduce America’s dependence on foreign oil.
It is estimated that nearly 30 percent of urban congestion is created by drivers cruising for parking. Smart parking services are designed to get drivers to their destinations without searching and the uncertainty related to cost, travel time, payment and other practical considerations.
About 51% of the generating capacity of the US is in plants that were at least 30 years old at the end of 2010. Most gas-fired capacity is less than 10 years old, while 73% of all coal-fired capacity is 30 years or older.7 Moreover, nationally, 70% of transmission lines and power transformers are 25 years or older, while 60% of circuit breakers are more than 30 years old.