current
Rebuilding Physical Economy
Increased investment in infrastructure, manufacturing, and housing is driving a rebuilding of the U.S. physical economy.
Timeframe
long-term
Subcategories
Impact areas
Detailed Analysis
The U.S. is experiencing a renewed focus on rebuilding its physical economy, with significant investments planned for infrastructure, manufacturing, and housing. The Infrastructure Investment and Jobs Act (IIJA) has allocated substantial funds for infrastructure projects, while policies like the CHIPS+ Science Act and Inflation Reduction Act aim to boost domestic manufacturing. "Rebuilding the physical economy in the U.S.- including improving and repairing infrastructure, expanding manufacturing capacity, and accelerating homebuilding - has become a topic of increasing consensus across both the public and private sectors."
Context Signals
$1.2 trillion allocated under the IIJA for infrastructure projects
Over 80 new semiconductor projects announced in the U.S. with nearly $450 billion in private investment
7.2 million home gap due to lagging residential construction
Edge
Increased private sector participation in infrastructure projects through public-private partnerships.
Development of advanced manufacturing technologies and processes, leading to increased productivity and competitiveness.
Innovation in sustainable building materials and construction techniques to address the housing shortage and promote environmental responsibility.
