An increase in infrastructure and construction activities, combined with solid federal support, has been driving the industry's growth over the past few months. Last November, the Biden Administration passed its landmark $1.2 trillion bipartisan infrastructure bill, which allocated funds to rebuild roads, rails, bridges, and other infrastructure, along with access to clean water and high-speed internet.
According to a report by Research and Markets, the construction industry in the United States is expected to reach $1.65 trillion by 2026, growing at a 5% CAGR. The rising government spending on infrastructure development should support the market’s growth in the U.S. Given the bright growth prospects, investing in infrastructure ETFs could deliver solid returns to the investors.
