National – Recently, CG/LA infrastructure surveyed U.S. infrastructure executives on whether a robust infrastructure stimulus was critical for the country to emerge from the current COVID-19-driven economic crisis. Here are the topline findings:
- 94% of respondents answered “yes” to whether an infrastructure stimulus was critical for the United States to emerge from the current crisis.
- 69% say that the stimulus should be large, $400 billion or greater
- 94% believe that the country should increase private infrastructure investment
- 66% believe that the infrastructure stimulus should be at least 50% private
Respondents are from throughout the U.S., in the following categories:
- Engineering/Construction – 35%
- Finance/Investors – 19%
- Technology – 14%
- Services/Other – 20%
Separately, in its recent Global Infrastructure Industry Survey, CG/LA Infrastructure found only 5% of international respondents believe that investment will “increase significantly” following the pandemic, a sharp decline from 34% before the crisis. In total, only 27% believes that infrastructure investment would increase or increase significantly, a drop from 71% when asked previously.