The prospect of an infrastructure-focused, business-friendly administration in Washington, D.C., may bode well for the construction industry, analysts say, but opinions are mixed as to whether it will lift sales of equipment out of a two-year-long slump.
Last year’s passage of the Fixing America’s Surface Transportation (FAST) Act may have provided the nation’s transportation agencies with more funding certainty, but the project planning and implementation landscape is substantially different than the one covered by the previous, multiyear bill.
Despite the continuing uncertainty regarding a long-term federal aviation bill, airport construction programs, especially at the large hubs, are resurging in the U.S.