A big infrastructure spending bill might finally be in the cards

“With the slim majority the Democrats have in the Senate, infrastructure spending is probably going to be one of the less controversial measures and could be implemented,” said Gautam Khanna, senior portfolio manager with Insight Investment. “A $1.5 trillion to $2 trillion package — somewhere in that zone — could get through.” But economists and investing experts say that spending more to rebuild roads and bridges, as well as building out high-tech infrastructure such as 5G networks, could also help provide jobs to those who need them and give a lift to the broader economy. A new infrastructure bill could also boost the sales and earnings for a variety of leading US companies in the industrial and tech sectors. Companies that sell aggregates such as sand and gravel as well as makers of concrete and cement could benefit from any increased spending on transportation infrastructure.

https://www.hartfordbusiness.com/article/a-big-infrastructure-spending-bill-might-finally-be-in-the-cards

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