The U.S. is beginning to lose its infrastructure advantage, which could have wide-ranging consequences, according to the Association of Equipment Manufacturers (AEM). The group is offering a five-step plan to help reverse this decline.
The United States is under-investing in infrastructure and, as a result, is in danger of losing its standing on the global economic stage, says a report published earlier this month by the AEM.
For average Americans, the effect is visible: passengers frustrated by delays caused by power outages and other failures in public transit; commuters ensnared in traffic jams because of structurally declining highway systems; and businesses uprooting their operations to invest in countries with expanding infrastructure.
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