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