September 29, 2014

Data Spotlight: Infrastructure Spending Would Create New Jobs, Raise Pay

The National Association of Manufacturers last week released a study that found long-term, targeted investment in public infrastructure would:

  • Lead to 1.3 million new jobs over the next 15 years;
  • Increase annual economic growth by 1.3 percent by 2020 and 2.9 percent by 2030;
  • Increase after-tax take-home pay by $1,300 per household by 2020 and $4,400 by 2030.