Through its Lets Rebuild America initiative, the Chamber is doing something unprecedented: Measuring how well transportation, energy, broadband, and water systems are meeting the demands of the nation, including businesses large and small, and then correlating the results to measures of U.S. economic performance.
This effort is called the Infrastructure Performance Index series and it is groundbreaking in three ways:
- Defines what businesses require of infrastructure to grow and succeed, not what government decides is important.
- Looks across four critical sectors of infrastructure – transportation, energy, broadband, and water – and considers their relationships.
- Correlates the way infrastructure performs to economic growth. Historically, calculations focused on expenditures, jobs, or local economic development.
The Transportation Performance Index is the first in the series that drives home the point that infrastructure performance matters to the economy and shapes an environment for action to improve it.