U.S. Infrastructure Report Card: C-

The American Society of Civil Engineers released its 2021 Infrastructure Report Card. Although the grade improved to a C-, up from a D+ in 2017, the investment gap — the funding required to get all infrastructure to a “B” rating — has grown from $2.1 trillion over ten years to $2.6 trillion over ten years. They estimate that continuing failures to invest adequately in infrastructure will cost $10 trillion in GDP over the next two decades, which is double the shortfall in spending over that time period!