Utility and Communications Infrastructure: 2024 Outlook
The next few years will bring trillions of dollars of federal investments in water, power and telecom infrastructure spending.
Within the sector, here are some areas to pay attention to:
- Rural utility contractors may have issues with talent since much of the labor will likely be tied up in the urban/MSA areas where construction spending is more concentrated.
- The water sector could be a target for mergers and acquisitions.
- Key trends to watch include the election, aging infrastructure and the impact of rapidly increasing product prices.
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