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HOUSE_OVERSIGHT_021028

House Oversight Committee
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Drive Growth: Infrastructure

Better Infrastructure Reduces Transportation Costs For Input and Output Materials

KP www.kpcb.com USA Inc. | What Might a Turnaround Expert Consider? 373

Public Investment in Infrastructure Has Helped Drive GDP Growth

USA Real GDP and Public Investment in Infrastructure Average Y/Y Growth, 1950 -2007

Sat meme 1950-19790

+08 4.0% 4% ---- MMM -- ~~~ - poanunugay - - = = = == == == 2

1980 - 2007

3% ----\------- BB -------------- = I

Real GDP & Public Investment in Infrastructure Average Y/Y Growth Rates (%)

0%

Y/Y Growth in Y/Y Growth in : Y/Y Growth in YNY Growth in GDP Public GDP Public

Investment in Investment in

Infrastructure Infrastructure

Source: Political Economy Research Institute, “How Infrastructure Investments Support the U.S. Economy:

KP Employment, Productivity and Growth’, 1/09. (@E) www.kpcb.com USA Inc. | What Might a Turnaround Expert Consider? 374

HOUSE_OVERSIGHT_021028