Infrastructure construction accounts for a significant amount of construction activity. In 2020, infrastructure construction starts hit $165 billion, accounting for over 20% of all construction activity in the U.S.
Beyond the dollars, infrastructure is at the core of our lives – the streets and bridges that take us to work and school, the trains and planes that take us on vacation, and the water we drink every day.
The passage of the bipartisan infrastructure bill is the largest injection of funds to these categories in over 50 years, creating huge opportunities for growth in the construction sector.
The first of these dollars will hit the market in 2022, and the competition to design and build these projects will be intense.