U.S. Infrastructure Ranked 11th in the World
The Association of Equipment Manufacturers (AEM) released a report outlining steps to improve the ranking.
According to a report, U.S. infrastructure currently ranks 11th in the world in competitiveness. The Association of Equipment Manufacturers (AEM) has released the U.S. Infrastructure Advantage as a response, which outlines steps lawmakers should take to reclaim the country’s advantage.
AEM believes it is essential to modernize and rebuild the core infrastructure network in order to retain the United States’ position as one of the best economies in the world.
"The United States once had an infrastructure system that was the envy of the world," said Dennis Slater, AEM President. "Our infrastructure competitiveness and our economic competitiveness are linked. This set of policy recommendations to reclaim our Infrastructure Advantage speak to that connection and outline what government officials should be thinking about as they consider future legislation."
The U.S. Infrastructure Advantage offers five key steps that policymakers and infrastructure stakeholders can use to ensure that policy proposals help reclaim the U.S. Infrastructure Advantage: Focus on networks and systems, Maximize use of smart technology, Ensure rural-urban connectivity, Expedite project delivery, and Provide adequate and reliable resources.
The report also provides firsthand perspectives from equipment manufacturers about the importance of infrastructure to the U.S. economy.
"Equipment manufacturers have an important role to play in reclaiming the U.S. Infrastructure Advantage. Equipment manufacturers depend on an efficient infrastructure system - directly in their day-to-day operations, as well as indirectly to sustain the economic health of other sectors that rely on our industry," added Slater. "They also make the equipment that builds and supports U.S. infrastructure construction and operation."