The investment shortfall in U.S. infrastructure could total $1.1 trillion in 2020 and may reach $4.7 trillion in 2040, according to a new report by the American Society of Civil Engineers.
The report, released on Jan. 15, concludes that if shortfalls hit those levels, the economy could suffer significantly in the coming years, and have negative effects on businesses and households.
The 1,070-ft-tall Salesforce Tower development, nearly derailed by the Great Recession, is approaching completion in San Francisco.
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