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- W618522077 abstract "Annual information from the Department of Commerce on the value and composition of our nation's tangible assets has been released for 1996. The total value of tangible assets is $23.8 trillion, or slightly more than three time the total annual output of goods and services. The vast majority of the nation's tangible assets are owned by the private sector. Data also show a good share that are government-owned. One big block, valued at over $1.5 trillion, consists of transportation infrastructure, such as roads, bridges, transit systems, airports, and ports. Approximately 84% of transportation infrastructure is government-owned highways and streets. Transit, airports, and ports account for another 13%. Approximately $35 billion, or 3%, is privately owned, mainly streets and airports. While transportation infrastructure represents approximately 6% of the nation's total stock of tangible assets, it is a much larger share of our productive assets, accounting for one-eighth of all productive assets. Transportation infrastructure is also the nation's most durable and longest-lived productive asset." @default.
- W618522077 created "2016-06-24" @default.
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- W618522077 date "1998-04-01" @default.
- W618522077 modified "2023-09-26" @default.
- W618522077 title "EVALUATING OUR TRANSPORTATION ASSETS" @default.
- W618522077 hasPublicationYear "1998" @default.
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