Economist, The

Spending on infrastructure has fallen in real terms in America

Bringing broadband to under-served parts of rural America is one element of a giant infrastructure program that began in 2021 when President Joe Biden signed it into law. It was hailed as a historic opportunity to repair America’s bridges, rebuild its roads for electric vehicles and update its power grid and communications technology. However, instead of the anticipated surge, total infrastructure spending has fallen by more than 10% in real terms since the passage of the law. The most charitable explanation is that it takes time for big projects to get going.

The 2020 Inclusive Internet Index

After years of strong connectivity growth, high-income countries are approaching universal Internet access and the 5G era, however, the pace of growth in low-income countries has fallen to just 3.8%, making progress towards universal and affordable Internet access more arduous. Global Internet connectivity has grown substantially over the past five years, yet today nearly half the world remains on the other side of the digital divide.