- The need to rebuild America's infrastructure is still as acute as ever, but with new government leadership, low interest rates, and the dark cloud of the pandemic hanging overhead us, the way we build may be different than before.
- The longstanding structural trend of urbanization is an important input for infrastructure development plans. COVID-19 introduced a headwind to this trend, with many evaluating whether urban living presents the same appeal as it once did.
- President-elect Joe Biden ran on a platform that featured aggressive infrastructure investment as a key pillar of economic policy and potential COVID-19 recovery efforts. His $2 trillion cleantech and infrastructure plan seeks to provide stimulus and job creation by building and retrofitting physical infrastructure that facilitates commerce and improves the American quality of life.
For further details see:
How A Biden Presidency And COVID-19 Could Impact Infrastructure Development