August 5, 2021
Economy

Transmission Investment Drives Economic Recovery

The pandemic has taken a drastic toll on the nation’s economy, and on the American worker, with millions losing their jobs. A recent U.S. Census Bureau survey measuring the impact of the pandemic on U.S. households found that 47% of adults said that they or another adult in their home lost employment income since the national emergency was declared because of COVID-19. In addition, in the past year, U.S. gross domestic product (GDP) fell by more than $668 billion or 3.5 percent, a level not seen since 1946. These numbers are stark, and with more than a year having passed since the onset of the pandemic, it is clear that while the country appears to be on the rebound, the U.S. economy is still struggling.

When the country was faced with economic downturns of this magnitude in the past, infrastructure construction, including the promotion of investment in the electricity…

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