The Value of Water Campaign commissioned an economic impact analysis to understand how increasing investments in the nation’s water infrastructure can affect economic growth and employment. The study reviews the projected capital needs of water, wastewater, and stormwater utilities, and estimates the associated economic benefits that would be realized if the nation chose to make these investments. These benefits include the economic opportunities created by water infrastructure projects, the long-term productivity savings to the customers of water utilities, as well as the avoided costs of frequent disruptions in water and wastewater service to business. Because many sectors are reliant on water, a disruption of water and wastewater service, even for one day, can cost businesses significant amounts of revenue and almost instantly shrink the annual national Gross Domestic Product (GDP).… Read More
WASHINGTON, DC–(Marketwired – May 12, 2017) – On the heels of President Trump reaching 100 days in office, U.S. Conference of Mayors (USCM) President Oklahoma City Mayor Mick Cornett, USCM Infrastructure Task Force Chair Los Angeles Mayor Eric Garcetti, and other mayoral leaders from across the country will add their voices to the need for additional infrastructure investment at events in the nation’s capital during Infrastructure Week (May 15-19).