- The Return of Dividend Investing?
- Should You Believe in this Rally?
- Trading in this Technicals-Driven Market
- Murdoch Lashes Out At Google
- Cramer's Trade on Status-Conscious Consumers
- Fighting The Flu Vaccine Critics
- Nov. 10: Unusual Volume Leaders
- Shadow Inventory Dwarfs Loan Mods
- HALFTIME REPORT: How to Trade Senator Dodd's Financial Reforms
- The Lloyd's Prayer
RSS FEED
Text Size 
 |
The US currently invests approximately $400 billion per year in infrastructure improvements related to transportation, utilities, as well as various public facilities. Of that amount, the largest expenditures are designated to improving transportation infrastructure, which accounts for roughly $60 billion of federal financing annually.
According to estimates by Robert A. Sunshine, Deputy Director of the Congressional Budget Office, capital spending on transportation already exceeds $100 billion annually. Mr. Sunshine's projections, based on reports by the Federal Highway Administration, the Federal Aviation Administration, among others, suggest that capital spending on transportation infrastructure alone would approximately cost an additional $20 billion per year to maintain national highway systems among other transportation services at their current levels.
Yesterday, the S&P 500 Materials Sector was the biggest gainer, jumping 7.7% for the day, while the Industrial Sector gained 4.23%. Both sectors are up 17%, and 15% respectively since the week ending November 21, as major government spending is expected to benefit some of the companies involved in such projects.
Companies involved in the infrastructure industry include:
 |
Many of these stocks have just broken through their 50-day moving averages, and some like Granite Construction have broken through their 200-day moving average and are hitting new 52-week highs.
Granite Construction (6 months)
 |
- Vote and suggest your own, and remember--there's a fine line between a hero and a zero.
- If you are lucky enough to have money and the time, this is a great time to see America, says CNBC's Jane Wells.
- What’s powering your microwave, fridge and computer? Part of it is fuel from Russian nuclear weapons. The NYT reports.
- One author sees lessons for you in Disney’s recent Makeover of Mickey Mouse: “Nice” doesn’t always win.
- With 123 years of history, slogans and commercials, Coca-Cola is the most recognized brand on earth.
- The opening of a virtual pet store in “World of Warcraft” could prove a cash bonanza for Activision-Blizzard.
Data is a real-time snapshot *Data is delayed at least 15 minutes