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.
This publication has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular security, strategy, or investment product. Information contained herein has been obtained from sources believed to be reliable, but not guaranteed. Past performance does not provide any guarantee of future performance.