A new report analyzes the jobs and economic benefits of planned investments in water and wastewater infrastructure in 30 U.S. cities. The report, National Economic and Labor Impacts of the Water Utility Sector, was produced by the Water Research Foundation (Denver) and the Water Environment Research Foundation (Alexandria, Va.).
Thirty large U.S. utilities will invest $233 billion during the next decade and generate more than half a trillion dollars in U.S. economic output. Those investments will support 289,000 permanent jobs annually. The 30 utilities studied in the report serve 83 million people, more than 25% of the U.S. population, and spend $23 billion annually in combined capital and operating expenditures. The report found that for every $1 million spent on infrastructure, five direct and 11 indirect jobs are supported.
November 17, 2014
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