US Municipal Infrastructure Outlooks
US Municipal Infrastructure sectors are poised for a strong year ahead as recovery from the pandemic takes hold. Positive outlooks for the airport, seaport and toll road sectors attest to a normalizing economy, while steadying demand keep the Public Power outlook stable.
- Airport recovery will be bumpy but continue upward toward 2019 levels
- Seaports benefit from continued high demand and supply chain backlogs through mid-2022
- Toll road demand continues to build as return to work and retail inventory rebuilding continues
- Outlook for Public Power Issuers is stable; challenges remain
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