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Please note: The Frank Talk articles listed below contain historical material. The data provided was current at the time of publication. For current information regarding any of the funds mentioned in these presentations, please visit the appropriate fund performance page.

How many bridges do you cross in your daily commute? Are they safe?

January 16, 2009

(Troubled) Bridge Over Troubled Water

Bridge Tracker 011609 

You may only cross a handful of bridges but there’s a good chance that one of those is in need of repair.

There are currently 600,000 bridges in the U.S. and the Federal Highway Administration reports that 72,000—12 percent—of these are “structurally deficient.”

Surprisingly, that’s actually an improvement. According to the American Society of Civil Engineers, approximately 26 percent of U.S. bridges were rated structurally deficient or functionally obsolete between 2003 and 2007.

There is hope on the horizon. Details of the “American Recovery and Reinvestment Bill” released this week show nearly $90 billion allocated to modernizing America’s roads, bridges, transit and waterways.

Want to test your morning commute? MSNBC.com has an interactive feature that can give you the details of bridges in your area.

*Test Your Morning Commute

All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor. #09-053

*By clicking the link you will be redirected to the MSNBC website. U.S. Global Investors does not endorse any information supplied by this website and is not responsible for any of its content.

Net Asset Value
as of 11/19/2019

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