After decades of watching America’s infrastructure decline, senior executives at middle market businesses are pushing to fix the nation’s basic systems, according to a recent RSM US LLP survey of senior executives in middle market businesses.”
In a striking shift in outlook captured by the proprietary RSM US Middle Market Business Index survey, these executives agree that the state of the nation’s infrastructure is hampering economic growth, not only at the national and the local levels, but also within their own organizations.
Here are some key takeaways of what executives told RSM in the survey:
The state of the nation’s infrastructure is hampering economic growth.
- 63% told RSM that the nation’s ailing infrastructure is restricting growth of the national economy.
- 61% said it restricted growth of their local economies.
- 54% said it hurt their own businesses.
Lawmakers will, at long last, address the issue.
- 64% believe that meaningful action will take place in the next three years that will result in tangible infrastructure enhancements.
Time has run out, and businesses need to act.
- 73% said they would make capital investments to expand their infrastructure in the next three years.
- 63% are currently taking active steps to reduce their carbon footprint.
