A vital role of America’s federal government is maintaining transportation infrastructure. Most people agree that the government should maintain a well-functioning, efficiently run transportation infrastructure. The question is how we achieve this goal.
Sufficient financing for the nation’s transport infrastructure is a critical component to economic development in the United States. In Congress and across the country, the key question is about how various projects are funded.
The Chamber of Commerce calculates a Transportation Performance Index (TPI) to identify how well our infrastructure supports economic growth. For every one point decline or increase in the TPI, there is a corresponding decrease or increase of 0.3 percent of GDP. In addition, there is a positive correlation between the TPI and foreign direct investment. With an improved transportation infrastructure, foreign and domestic companies can more easily move their products into and around the country.
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