Surging 28%, US Municipal Water Infrastructure Forecast Reaches $532 billion
28 Jun 2016 | Press ReleaseMunicipal WaterUS & CanadaUtility Strategies BOSTON – Capital expenditures (CAPEX) for U.S. municipal water & wastewater utilities – including spending on pipes, plants, and pumps – are expected to exceed $532 billion between 2016 and 2025, according to new forecasts from Bluefield Research. This new outlook, which draws heavily from […]
Drinking Water
Our nation’s drinking water systems face staggering public investment needs over the next several decades. ASCE’s 2020 economic study, “The Economic Benefits of Investing in Water Infrastructure: How a Failure to Act Would Affect the U.S. Economic Recovery” found that the annual drinking water and wastewater investment gap will grow to $434 billion by 2029. […]
Billions Flow to Water Systems from Federal Pandemic Relief Funds
The American Rescue Plan Act — the relief bill that President Joe Biden signed into law on March 11, 2021 — set aside $350 billion to assist states, tribes, territories, and local governments in responding to financial challenges wrought by the pandemic. Water infrastructure improvements like the ones that Iberia Parish Sewerage District No. 1 […]