Infrastructure construction is poised for another strong year, thanks in part to large infusions of federal money. The sector has propped up the building industry in recent months amid interest rate hikes and declines in backlog.
The Infrastructure Investment and Jobs Act is ramping up in its third year and funds from the Inflation Reduction Act and CHIPS Act are flowing. The impacts of those investments are increasingly visible as they fuel thousands of projects around the country, many of them massive.
