The state of America's infrastructure gets highest-ever marks, but key areas lacking
The American Society of Civil Engineers (ASCE) on Tuesday released its latest report on the health of U.S. infrastructure, which received its highest-ever overall grade, though several key areas received relatively poor marks.
ASCE's Report Card for America's Infrastructure, which is released every four years grading infrastructure using an A-to-F school report card format, gave U.S. infrastructure a C on an overall basis – an improvement from the C- grade it issued four years ago as about half of the 18 categories assessed saw incremental improvements. The C grade is the highest ever national infrastructure grade dating back to the inception of ASCE's Report Card in 1998.
It noted that infrastructure investments approved as part of the bipartisan infrastructure law have helped contribute to that improvement, though ASCE warned that the investment gap between current infrastructure investment plans and what would be needed to get the nation's infrastructure in good working order has risen. The gap widened from $2.59 trillion four years ago to $3.7 trillion this year.
"Every American household or business immediately feels the impact of just one inefficiency or failure in our built environment," said Darren Olson, 2025 report card chair at ASCE. "However, if we maintain investments, each American household can save $700 per year. Better infrastructure is an efficient investment of taxpayer dollars that results in a stronger economy and prioritizes American jobs, resilience and connectivity."
Blackrock Inks $23B Deal For Panama Canal Ports
According to ASCE's grade structure, grades in the B tier are considered "good, adequate for now," while the C tier is "mediocre, requires attention" and the D tier is considered "poor, at risk." Though none were awarded in this year's edition, A grades are "exceptional, fit for the future" – while F grades are "failing/critical, unfit for purpose."
Read On The Fox Business App
In the 2025 report, grades ranged from B to D and for the first time since 1998, no categories earned a D- grade. Of the 18 infrastructure categories graded, eight improved from the 2021 report while two received lower grades in this year's edition.
Ports scored the highest with a B after improving from the previous report, while a B- grade was awarded to rail infrastructure – which represented a decline from four years ago.
Hiring Expert Warns Trump's Immigration Plan Could Force 'Massive Shift' Within Critical Workforce
Broadband and solid waste infrastructure each received a C+ grade; while bridges and hazardous waste received C grades. Drinking water, public parks and inland waterways all received C- grades. Of the categories with grades in the C range, hazardous waste, inland waterways and public parks saw improved grades compared with the 2021 report.
ASCE gave D+ grades to aviation, dams, energy, levees, roads, schools and wastewater infrastructure. The grade for energy infrastructure declined from four years ago while the report found that dams, levees and roads merited improved grades in this year's report. Stormwater and transit infrastructure received a D grade, which in the case of transit represented an improvement from 2021.
ASCE's report also assessed the funding gap between needs and funds provided for the 18 infrastructure categories over the 2024-2033 period based on deferred maintenance needs. The estimated funding gap across all infrastructure categories came to a cumulative $3.689 trillion over that period.
Among the more troubled infrastructure categories that merited grades in the D range, wastewater and stormwater combined for the largest funding gap of $690 billion, followed closely by roads with a $684 billion gap. Energy infrastructure's $578 billion gap was the third largest of the D-tier categories, followed by schools ($429 billion), dams ($166 billion), transit ($152 billion), aviation ($113 billion) and levees ($91 billion).
Among infrastructure categories in the B and C grade tiers, bridges had the largest funding gap at $373 billion, followed by drinking water at $309 billion.
Most of the remaining infrastructure categories had funding gaps estimated at $44 billion or less. Broadband had no funding gap because its $61 billion need has been funded over the 2024-2033 period, according to ASCE's analysis.
Energy Secretary Says Northeast Natural Gas Pipeline Project Could Start This Year
To improve America's infrastructure grades ahead of its next report in four years, ASCE said that "continued – and in some cases, increased – investment is necessary despite recent resources slowing the growth of America's infrastructure gap."
ASCE said that Congress should maintain investment levels under the bipartisan Infrastructure Investment and Jobs Act (IIJA) when it expires next year and fully fund authorized programs during the appropriations process. The group urged federal, state and local governments to expand the use of public-private partnerships for appropriate projects and find ways to leverage additional financing tools.
It also called for Congress to ensure the long-term solvency of the Highway Trust Fund, which is projected to be depleted in 2028, along with ensuring that State Revolving Funds for Clean Watersheds and Drinking Water don't experience revenue losses.
ASCE added that project owners should consider life-cycle costs throughout the planning, financing, construction, operation, maintenance and decommissioning of projects to get the most value – while owners and operators of infrastructure need to generate the revenue needed to cover those costs.
"Infrastructure owners and operators must charge rates reflecting the true cost of using, maintaining, and improving infrastructure. They will need to educate the public on the actual cost to deliver those services so they can understand set rates," ASCE wrote.Original article source: The state of America's infrastructure gets highest-ever marks, but key areas lacking
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Miami Herald
an hour ago
- Miami Herald
Toyota makes a tariff move customers are going to hate
While President Donald Trump's social media posts make it seem as though his tariff moves are executed at his whim, it is clear that at least some industries have a seat at the negotiating table. The auto industry's top executiveshave said they are in close contact with the White House and have even praised the president and his White House team for hearing their concerns. However, it is also clear that Trump's interest in protecting the auto industry's bottom line is minimal. Related: General Motors makes $4 billion tariff move Ford, Stellantis, and General Motors - America's Big 3 automakers - have all said that Trump's tariffs will cost them billions, and they've pulled their guidance due to a lack of visibility. Trump has made it clear to every industry that he doesn't want prices to increase, even going as far as telling companies like Walmart to just "EAT THE TARIFFS." So, every time the auto industry has been observed raising prices in recent months, it has denied that it has anything to do with tariffs. Others, like Mazda, have indeed eaten the tariffs, with the Japanese automaker sending a letter to its U.S. dealers informing them that it would not raise its sticker prices or tack on import fees for any vehicles already on dealership lots or that will come into the country before May 1. Toyota is the latest Japanese automaker to make a pricing move, but it isn't blaming the move on tariffs. Toyota sold over 2.3 million vehicles in the U.S. last year, a 3.7% year-over-year increase. Between April 2024 and March 2025, the company built 1.96 million units in the U.S., according to Statista. So, despite a U.S. production capacity that can handle nearly 2 million vehicles a year, Toyota still ships in nearly half a million vehicles from overseas to sell in the U.S. On June 21, Toyota said that prices for several Toyota and Lexus brand vehicles will rise by an average of $270 and $208, respectively, starting in July, according to an email seen by Bloomberg. While the price increase could be seen as a response to the 25% duties Trump has placed on auto imports, Toyota insists that the move is just part of its regular price review process. Related: Jeep parent Stellantis ponders drastic action on struggling brand In April, fellow Japanese automaker Mitsubishi said it would hold its vehicles in port for the foreseeable future instead of offloading them and being forced to pay duties. "We have sufficient stock on the ground at dealers for the moment to not impact customer choice," the company said at the time. While it was unclear how much cargo was in the ports, Mitsubishi's 330 U.S. dealers sold 109,843 vehicles in the U.S. in 2024, a 25.8% year-over-year increase and the brand's best performance since 2019. Earlier this month, the company announced that it is raising prices on three models, also saying that the move was just a regular adjustment and not a reaction to tariffs. Japanese car companies aren't the only ones afraid to pin their price increases on tariffs. In May, Ford sent a notice to dealers saying it planned to raise prices on the Mustang Mach-E electric SUV, Maverick pickup truck, and Bronco Sport SUV by as much as $2,000 on some models. Those vehicles are made in Mexico. More Automotive news Detroit Big 3 benefit from auto tariffs now, but time is running outPopular Ford newcomer overtakes Jeep in a key areaToyota makes surprising move to beat Tesla in key market A Ford spokesperson confirmed that the price increases will be seen on vehicles built after May 2. Those vehicles will start arriving on dealer lots in late June. The company emphasized that its employee pricing promotion remains for all of its vehicles through the July 4 weekend. Just like Mazda and Toyota before it, the company says the increase was due to its usual midyear pricing actions, but it was also "combined with some tariffs we are facing. We have not passed on the full cost of tariffs to our customers." Related: Car buyers, dealers are both shocked by latest price trends The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
Yahoo
an hour ago
- Yahoo
Veteran chartist unveils eye-popping S&P 500 target
Veteran chartist unveils eye-popping S&P 500 target originally appeared on TheStreet. With the stock market again flirting with record highs, investors want to know if their portfolios can keep climbing the proverbial wall of worry or whether the recent gains have been a last gasp before headline risks kick in and the next downturn starts. It's a fair question in a market that has largely performed to analyst expectations only if you measure prognostications by their beginning and end points. 💵💰💰💵 Plenty of analysts expected the market to be near peak levels by mid-year, but no one was calling for the bumpy ride that stock market has actually seen. The S&P 500's roller coaster ride this year has left many scratching their heads, wondering what may happen next. Many on Wall Street are revamping their S&P 500 targets, including two long-time technical analysts who recently shared their updated forecast. The Standard & Poor's 500 Index entered 2025 at 5,868 and peaked on February 19 at 6,144; it then proceeded to give back nearly all of that gain by the time April rolled around. But after President Trump's so-called 'Liberation Day' – when he announced sweeping tariff plans that rattled the markets – the index lost another 15% in a matter of days, setting a new low on April 8 at 4,982. The market then began to grind its way back; a month after Liberation Day, on May 2, it had recovered the full measure of the decline triggered by the tariff announcement. By May 13, the S&P 500 was in positive territory for the then, it has ground higher, crossing 6,000 on June 6; that – and the record of 6,144 – was where a lot of market observers expected to see resistance, where a market that failed to break through could fall back, potentially all the way back to the April lows. While news events don't become part of the S&P 500 chart until they show up in prices, they do factor into what market technicians think can happen next. Technical analysts can cite legitimate concerns about a potential economic slowdown, sticky inflation, uncertain tariff policies, geopolitical tensions around the world and more. Those headlines cast a shadow over the market, which has market technicians looking for a breakthrough to confirm that the recent bounce-back isn't just a bear market rally. Two prominent technical analysts have made it clear that they expect the rally to hold, with new record highs coming any day now. Adam Turnquist, chief technical strategist at LPL Financial, says that investors see the messy economic backdrop and figure it's not conducive for a rally to new highs. Focus on the technicals and rely on history, however, and Turnquist says a different picture starters, bottoms are a process where the market hits lows and then tests them repeatedly, but the April downturn was V-shaped, steep and fast down but with a hard bounce and no-retest of the downturn. There is reason to believe in the upside, Turnquist says. In an interview on 'Money Life with Chuck Jaffe,' Turnquist noted that LPL research shows that over the last 75 years, when there is a meaningful new high three months after the last high was set, momentum tends to keep rolling, and the average return for the index over the ensuing 12 months is nearly 10 percent. 'We can't discount the fact that we have a lot of trade uncertainty,' Turnquist said. 'Yes, we're past peak policy uncertainty when it comes to trade, but still very elevated, still a lot of headline risk. We talk about the deficit as well. There's risk there.' Turnquist said if the market struggles to break through to new highs, a lot of analysts will call for a double-top and expect a fall back to at least the 5,400 level on the S&P 500. That's a 50% retracement on the rally, and it overlaps with some of the lows from last September. More Experts Analyst makes bold call on stocks, bonds, and gold TheStreet Stocks & Markets Podcast #8: Common Sense Investing With David Miller Veteran fund manager sends dire message on stocks For that reason, Turnquist expects the market to find 'a confluence of support around those levels,' but that's not the move he's calling for. Instead, he called this 'a market where you want to be buying dips and not selling rips right now.' He's not the only technical analyst who foresees those rips and new highs. Matt Fox, president of Ithaca Wealth Management, said in an interview on the June 17 edition of Money Life that the sell-off in April did a lot of the 'technical damage' necessary to set up a rally. He said he now has a 7,000 target on the S&P 500, meaning a gain of roughly 20% in the next 12 months. 'The momentum has been strong, and we have seen a lot of great participation across sectors,' Fox said. 'It's not just a handful of stocks that has driven this rebound from the April tariff lows; it has been the entire market. I think that's a good sign that not only will we test those new highs but we will keep on going up and keep on making new highs for the foreseeable future.' Fox said the current charts are particularly strong, noting that he sees a lot of cup-and-handle patterns indicating stocks on the verge of a breakout. 'It seems like we are in this sweet spot where the charts are lining up perfectly as the fundamentals are improving, and that can lead to some explosive moves,' Fox said, noting that the conditions he sees in current charts remind him of 2013, a year in which the S&P 500 gained nearly 33%. 'This is reminiscent of that,' he said. 'I'm worried to come off as too bullish, but I think it's hard not to be pretty constructive on the market going forward.'Veteran chartist unveils eye-popping S&P 500 target first appeared on TheStreet on Jun 22, 2025 This story was originally reported by TheStreet on Jun 22, 2025, where it first appeared. Sign in to access your portfolio

Business Insider
an hour ago
- Business Insider
Women are getting wealthier — and they don't invest the same way as men
Women are becoming richer, and they're changing the face of wealth. According to a report by McKinsey published last month, women control about a third of all retail financial assets in the US and the European Union. By 2030, that proportion is expected to rise to between 40% to 45%, wrote Cristina Catania, global co-convener and European lead for the risk and resilience practice, and Jill Zucker, senior partner and co-leader of McKinsey's global growth transformation service line. The report is based on a survey of about 13,000 American and European investors, nearly half of whom were female financial decision makers. It found that between 2018 and 2023, global wealth rose by 43%, but jumped by 51% for women. Women's expanding control of assets is being driven by a combination of factors, including a continuing decline in marriage rates, the ongoing boost in women's average earnings, demographic trends like longer life expectancies, and a broad shift in attitudes about women managing their own finances. Risk doesn't equal reward As women become wealthier through investing, it's becoming clearer that they don't approach it the same way as men. "Women are much more risk-aware," Anna-Sophie Hartvigsen, cofounder of financial education and investment platform Female Invest, told Business Insider. "I would like to call it much more realistic in their own ability to invest." She said women are less likely than men to invest emotionally. "On average, men trade a lot more often than women because they believe they can beat the market or they read something in the news, and they get pumped up or afraid, and then they invest based on that," Hartvigsen said. Female investors, in her view, tend to be more calm, more realistic, and better at assessing risk. However, Katie Geery, an advisor at Rise Private Wealth Management, says being more cautious can also hold women back by leading them to miss out on opportunities to build wealth. "It is important to work with a trusted financial advisor who understands your risk tolerance and can walk you through making well-educated investment decisions based on your long-term goals," she told BI. Returns aren't everything The aims of investing also sometimes differ between men and women. "Women prefer to invest toward achieving specific goals rather than chasing the highest returns," said Avanti Shetye, financial planner at Wealthwyzr. Geery said female investors tend to be more focused on philanthropy and gifting. They often consider their values when buying stock and want their purchases to help make a better impact on the world. "Women often seek financial advisors who are empathetic and take the time to get to know them on a more personal level to gain a deeper understanding of their goals and values," she said. On Female Invest, Hartvigsen said the principles its members care about the most include climate, especially a firm's carbon footprint, and diversity in leadership, in terms of a board having a good gender balance. Start investing early For Shetye, it's important to start investing early. "Women tend to be primary caregivers for children or aging parents and often take unpaid time off," she said. "Not only that, women statistically live longer than men, which implies that women would need to invest as much as they can as early as possible so that their portfolios last them through retirement." Hartvigsen said long-term financial planning is vital: "When you do that, it doesn't matter what happens today." Both agree that this plan should be grounded in expert advice. "Working with a financial planner whose planning process is rooted in financial education can help provide comfort and security to stay consistent even in the roughest of markets," Shetye said. But she also believes that practice is more important than perfection. "You are never going to know everything there is to know about investing," Shetye said. "The key is consistency, and time will do the heavy lifting." Hartvigsen advises her clients to invest monthly on the same day and to diversify their investments. "If you do that, historically, it has been near impossible not to make money in the long run."