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March 20, 2013
Forty-two percent of America’s major urban highways remain congested, costing the economy an estimated $101 billion in wasted time and fuel annually. While the conditions have improved in the near term, and Federal, state, and local capital investments increased to $91 billion annually, that level of investment is insufficient and still projected to result in a decline in conditions and performance in the long term. Currently, the Federal Highway Administration estimates that $170 billion in capital investment would be needed on an annual basis to significantly improve conditions and performance.
Every 4 years, the American Society of Civil Engineers releases a Report Card for America’s Infrastructure that depicts the condition and performance of the nation’s infrastructure in the familiar form of a school report card by assigning letter grades to each type of infrastructure.