By Cathy Breden, CAE, CMP, Managing Director, Center for Exhibition Industry Research
Jeff Werling, one of CEIR’s economists and the executive director of Inforum/University of Maryland, recently sent me a report his team on behalf of the National Association of Manufacturers (NAM) concerning infrastructure investment. Jeff and his team compiled a unique and revealing data set on recent infrastructure investment which implies that real investment in public infrastructure has been falling over a decade, and by investing in public infrastructure benefits the economy in the short- and long-term. These findings reinforce the findings of a White Paper recently released by the Association of Equipment Manufacturers.
Reading the press release made me look at what the CEIR Index Report says about this sector and the table below says it all. Output (infrastructure investment) and employment are very closely related.
Take a moment to read the press release on NAM’s website.