The percentage of our nation’s roads that are in poor condition increased from 14 to 20 percent between ‘09 and ‘17. Why? It may be due to our funding priorities more than a lack of money itself.
For instance, between ’09 and ’14, South Dakota shoveled out 69 percent of its highway budget to road repair, while Mississippi used 4 percent of their budget for repair and 77 percent for additional road capacity.
A recent 2017 infrastructure report has exposed the top states in the U.S., including the District of Columbia, with the worst road conditions. While funding has been approved and available, states often designate funds to build new roads and additional lane-miles instead of making repairs. The result is an increase in roads requiring much-needed maintenance and a larger overall percentage of our nation’s roads in poor condition.
Where does your state rank?
The Top 15:
Topping the list of worst roads in the U.S. is the District of Columbia, with a whopping 93 percent of its roads in substandard condition. Here are the next 14 U.S. states that follow DC:
- Rhode Island – 52 percent
- California – 44 percent
- Texas – 43 percent
- Hawaii – 41 percent
- New Jersey – 37 percent
- Connecticut – 34 percent
- Oklahoma – 33 percent
- West Virginia – 31 percent
- Pennsylvania – 30 percent
- New Mexico – 30 percent
- Massachusetts – 30 percent
- Washington – 29 percent.
- Mississippi – 29 percent
- Wisconsin – 28 percent
If your state is not listed above, scroll down to the bottom of this article and click on the infrastructure report card link. There you’ll find an interactive infrastructure map where you can choose your state.
The Financial Hit To You:
These bad roads aren’t merely an aggravation, they’re costing our nation’s businesses. The American Society of Civil Engineers calculated that our run-down roads will weaken U.S. business growth to the tune of $240 billion over a ten-year period ending in 2022. So, whether you’re over the road or local, you make your living on America’s roads and rising maintenance costs directly affect your cash on hand.
Wise To Buy?:
If high maintenance costs begin to drain your cash reserve, financing a new or used truck purchase can be an option to put you in a position to build wealth and grow your net worth. Using other people’s money, or OPM, can be a smart business strategy that allows you to hang on to available cash. Every day our pros at CFF give careful advice to business owners in the transportation, moving, towing or construction industries to help them make educated decisions whether to purchase equipment. In fact, we’ve made it quick and easy for you. Simply go to our budget builder page on our website, link below, and answer 6 questions to calculate your monthly and yearly profit on a purchased truck or piece of equipment. This will help make sure you’ll make money before you proceed.
You can also talk directly with one of our financing pros and get started with a credit approval in as little as 2 hours. CFF’s main phone number is (972) 247-8447.
To apply for financing online, you can go to https://commercialfleetfinancing.com/get-financing-now-fleet-financing/
10 Tips Everyone In Transportation Needs To Know Now! https://hj336-a9247f.pages.infusionsoft.net/
Budget Builder https://commercialfleetfinancing.com/budget-builder/
Infrastructure Super Map https://www.infrastructurereportcard.org/infrastructure-super-map/
About Commercial Fleet Financing, Inc.:
Founded in Dallas, TX in 1995, Commercial Fleet Financing, Inc. has become a valuable partner in equipment financing for the semi truck, box truck, tow truck, construction equipment, and moving truck industries. CFF is committed to helping customers grow and has funded more than a billion dollars to over 10,000 businesses. A four-time winner of Inc. Magazine’s 500/5000 fastest growing companies in America, at CFF, We Finance AMERICA, One Truck At A Time™.