ASCE: ‘Close the Infrastructure Investment Gap’
Written by Marybeth Luczak, Executive EditorInadequate U.S. infrastructure improvements could lead to a decline of more than $23 trillion in business productivity and a loss of $10.3 trillion in GDP over the next two decades, according to a recently released American Society of Civil Engineers (ASCE) economic study.
![“Thanks to Secretary Pete [Buttigieg], USDOT, the Federal Railroad Administration and all our partners for making the S-Line passenger rail a reality!!” NCDOT Secretary Joey Hopkins said in a July 1 LinkedIn post. “Thanks to the hard work of our NCDOT team we broke ground on the first construction project in the Raleigh to Wake Forest segment, a $19M project to grade separate Durant Road 7 months after the grant announcement!!” (Photograph Courtesy of Joey Hopkins)](https://www.railwayage.com/wp-content/uploads/2024/07/slinelead-315x168.png)