CREDIT: Shutterstock Investing $1.3 billion in infrastructure next year would add at least 29,000 jobs and $2 billion to economic growth while reducing the deficit by $200 million, according to a new report from Standard & Poors. That kind of spending would likely add 29,000 jobs to the construction sector, particularly because unemployment in that industry is still so high, it finds.
Topics: credit shutterstock investing standard poors s&p as u.s interstate highway system american society civil engineers world war ii on highway trust fund president obama infrastructure spending creates thousands of jobs billions in growth and reduces the deficit thinkprogress d and u.s jobs billions in growth report percent notes country fallen means money projects
BING NEWS:
- Sustainable Infrastructure Systems creates fiber-reinforced post-consumer plastic structural panels
After a decade of proving its linerless, weight-saving composite tanks with NASA and more than 30 aerospace companies, this CryoSphere pioneer is scaling for growth in commercial space and sustainable ...
04/16/2024 - 1:01 pm | View Link - AI advancements are fueling cloud infrastructure spending
AI is central to this growth trajectory. IDC, and most anybody with some market understanding, knows that AI is the primary driver behind the steep rise in cloud infrastructure spending.
04/4/2024 - 10:00 pm | View Link - AI drives spending on cloud infrastructure, IDC reports
“Most of the spending continues to be concentrated on the public cloud area,” Fernandez said. Don’t count out private cloud growth Nevertheless, Fernandez noted, private cloud will remain ...
03/31/2024 - 1:00 pm | View Link - Biden's “Infrastructure” Plan
and that's why the jobs plan has dollars specifically committed to reconnect some of the communities that were divided by these dollars. Doescher: See, told you. So what will we be spending two ...
04/26/2021 - 11:40 am | View Link - More
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