On the Road with ITR Economics

  • by itradmin - Thu, 02/09/2017 - 17:20

“There is little doubt that there is a need for increased infrastructure spending in the US. Roads, bridges, energy generation and distribution, railways, and water systems are just a part of the picture. The increase will translate into more jobs and more business for contractors and material suppliers. Labor and material costs are already moving higher, and increased demand on both from infrastructure spending will add to that upward pressure. Watch carefully to see if large spending measures are passed and funded, and then plan on how you are going to participate in the boon while competing for labor.

The difficulty comes in paying for the new infrastructure, and all the problems associated with that. We will tackle that another day.” – Alan Beaulieu, President