Markets and Economy

The Economic Benefits of Infrastructure Spending

Jim Glassman, Commercial Banking’s Head Economist, explains why improving the country’s transportation infrastructure could lead to new business activity.
Jim Glassman, Head Economist, Commercial Banking
October 25, 2017

The last significant piece of legislation aimed at improving infrastructure in the US came at the height of the recession, so one of its primary motivations was to create jobs by funding new projects. With the economy now in a much improved situation, infrastructure spending today would likely focus more on boosting long-term growth.

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