CIC - Construction Intelligence Center

Infrastructure Insight: The US - Key Highlights

  • Published:Monday, September 03, 2018


US infrastructure construction output is expected to grow steadily from US$326.6 billion in 2017 to US$396 billion in 2022 (in nominal value terms), corresponding to a 3.9% annual average growth rate, according to GlobalData.

 

GlobalData’s report ‘Infrastructure Insight: US’ states that reduced tax rates and deregulation are expected to boost overall investment levels over the coming years, especially in the telecommunications, energy and air transportation sectors. 

 

States and local governments are pushing for higher gas tax and user fees in order to increase revenues for public works, while the Trump administration is seeking to harness private capital to take advantage of government spending on infrastructure at the federal, state and local levels.

 

GlobalData is currently tracking 1,421 large-scale infrastructure projects in the US in both the public and private sectors, at all stages from announcement to execution; collectively, these projects are worth US$1.2 trillion. 

 

The electricity and power sector account for the largest share of the project pipeline value at US$422.9 billion; this is followed by rail projects valued at US$405.8 billion; airport and other infrastructure projects with US$182.0 billion, road projects which make up for US$110.9 billion and water and sewerage projects valued at US$86.8 billion.
 

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