The construction industry is expected to witness accelerated growth over the next several decades, thanks in part to the landmark $1.2 trillion Infrastructure Investment and Jobs Act. The bill will channel federal investments worth $550 billion into U.S. infrastructure over the next five years, touching everything from roads and bridges to water and energy systems.
According to a ResearchAndMarkets report, the U.S. construction industry is expected to grow 3.7% year-over-year in 2022 and register a 3.7% compounded growth rate through 2025.
