As Infrastructure Money Pours In, Construction Companies Prepare To Deal With Unintended Consequences
BISNOW – “We expect that our construction activity in 2022 will surpass 2021,” McHugh Construction Vice President Dave Bartolai said. “But we’ll need to be selective about the opportunities we pursue, so we can field the right team to deliver each project successfully.”
The infrastructure bill will result in a 5% increase in U.S. construction spending in 2022, and another 5.5% in growth in 2023, according to an estimate published by Moody’s Investors Service last year.
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