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Winning construction sectors under Trump

Feb 04, 2025 - constructiondive.com
The construction industry is navigating changes under the Trump administration's second term, with shifts in infrastructure priorities and regulatory policies. Data centers and infrastructure projects are expected to see significant growth, driven by initiatives like Project Stargate, which aims to boost AI infrastructure. This growth in data centers is anticipated to increase energy demand, leading to more power construction projects, especially as Trump supports domestic oil, natural gas, and nuclear energy production. However, some clean energy projects and high-speed rail initiatives may face reduced federal support.

Manufacturing projects are also poised for expansion, with Trump's policies favoring onshoring and domestic production through tax breaks and streamlined permitting. Traditional infrastructure, such as roads and bridges, is likely to receive more focus, with potential shifts in funding priorities away from clean energy and electric vehicle projects. The administration's emphasis on fossil fuels and traditional infrastructure could reshape the construction landscape, creating opportunities for contractors in these sectors.

Key takeaways:

  • Data center construction is expected to experience significant growth, driven by investments from tech companies and initiatives like Project Stargate.
  • The demand for energy projects is anticipated to increase due to the rising energy consumption of data centers, with a focus on nuclear and fossil fuel projects.
  • Manufacturing projects are likely to continue flourishing with enhanced tax breaks and streamlined permitting processes under the Trump administration.
  • Traditional infrastructure projects, such as roads and bridges, are expected to receive more focus, with potential shifts in funding priorities impacting existing projects.
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