The Value of Water (VOW) Campaign released a new research report, "Tapping Potential," detailing the necessity of closing the nation’s water infrastructure funding gap. This study states that investing in water is essential for promoting economic growth, supporting job development, strengthening communities, and protecting public health. In fact, maximizing water infrastructure investment stands as one of the most critical factors for promoting economic prosperity.
The study assesses the economic risks of inaction; a 24-hour disruption nationwide would cost the economy an estimated $120 billion and over half a million jobs. Conversely, the report emphasizes the positive economic impacts of federal water infrastructure funding, demonstrating its role in avoiding future job losses and industry damage.
Access the full Tapping Potential study and state-specific fact sheets here.