美国政府, 大兴土木 Materials stocks have been on a tear, beating the S&P 500 since the stock market’s March 23 bottom. And a combination of more U.S. government money for infrastructure projects and steady overall construction spending may pave the way for even more gains. In June, federal cash for construction projects rose to a record of over $28 billion, up 7.6% from a year ago.
Contract awards from the Department of Transportation in June totaled $10.7 billion, the second-highest this century. And total U.S. construction spending increased to $1.35 trillion, the best June on record.
Contract awards from the Department of Transportation in June totaled $10.7 billion, the second-highest this century. And total U.S. construction spending increased to $1.35 trillion, the best June on record.