10 States With America’s Worst Infrastructure, and Most to Gain From Billions in Federal Dollars
Not since the New Deal has the U.S. government invested this kind of money into rebuilding America’s infrastructure across the country. Companies and states are clamoring for their piece of that federal jackpot.
According to CNBC, this helps explain why infrastructure is the major topic of conversation in economic development circles this year, and why it also looms large in CNBC’s annual ranking of America’s Top States for Business in 2024. Under this year’s methodology, Infrastructure is the heaviest-weighted category for the first time since the study began in 2007.
But Transportation Secretary Pete Buttigieg told CNBC that it is not just the federal money — with tens of billions of dollars earmarked for infrastructure improvements within the Bipartisan Infrastructure Law, the CHIPS and Science Act, and the Inflation Reduction Act — that is fueling what he calls an “infrastructure moment.”