Federal, State, and Local governments play
increasingly important roles in the U.S. economy, with a 1998 GDP
of approximately $1,105 billion. While the government owns and operates
large assets under various departments, the Department of Defense
(DOD) was selected because of its significant direct and indirect
impact on the U.S. economy. A second government sector that was
selected is nuclear waste storage under the Department of Energy
(DOE). The cost of corrosion in these two sectors was used to estimate
the cost of corrosion for the government category. This cost was
$20.1 billion per year, which is 14.6 percent of the corrosion costs
for all sector categories. |
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Federal, State, and Local governments play
increasingly important roles in the U.S. economy, with a 1998 GDP
of approximately $1,105 billion. While the government owns and operates
large assets under various departments, the Department of Defense
(DOD) was selected because of its significant direct and indirect
impact on the U.S. economy. A second government sector that was
selected is nuclear waste storage under the Department of Energy
(DOE). The cost of corrosion in these two sectors was used to estimate
the cost of corrosion for the government category. This cost was
$20.1 billion per year, which is 14.6 percent of the corrosion costs
for all sector categories.
