We Dig Construction Projects
Source: US Bureau of Economic Analysis and Todd Asset Management
Quarterly data from the US Bureau of Economic Analysis was compounded for 5 years and annualized
The contraction in U.S. government infrastructure spending since the Great Recession has been the most dramatic drawdown since WWII.
President-elect Trump ran on a platform of infrastructure spending and pro-growth policies. The infrastructure plan has an estimated price tag of $1 Trillion, which would be a drastic change from recent history.
Industrial equipment makers and distributors, chemicals, metals and mining companies are just a few of the industries that would likely benefit from an infrastructure package. Our portfolios are positioned in these areas and should benefit from any increased investment.
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