On 3 February 2020, the U.S. Census Bureau released its year-end construction spending, closing out the 2019 with positive results for water & wastewater spend. The construction-put-in-place (CPIP) numbers represent only one of four factors in Bluefield’s analysis of the state of U.S. water sector investment, which are influenced by a number of macro-economic conditions, including project financing availability, and acute emergency events that can divert planned spend.
In this new Research Note, Bluefield leverages CPIP, housing starts, utility employment, and utility capital improvement plan data to triangulate current market conditions for investment and potential directional shifts in the municipal water & wastewater infrastructure markets going forward.
