2021 Economic Review and 2022 Outlook - Water Supply

Infrastructure
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The American Water Works Association (AWWA), considered the largest the largest nonprofit, scientific and educational association dedicated to managing and treating water, applauded the passing of the infrastructure bill as they found that upgrading the nation's water infrastructure was critical to improve public health, the environment and the economy. AWWA's press release read, "By reauthorizing the Water Infrastructure Finance and Innovation Act and doubling funding for the drinking water State Revolving Fund, the federal government is helping states and local water providers to spur on critical water projects." Additionally, the association ran a report in 2012 which determined $1 trillion was needed to repair and expand drinking water infrastructure for the next 25 years. Therefore, "The passage of the infrastructure bill is a tremendous step forward in meeting that challenge and assuring safe, reliable and affordable water service."