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Not a number to tweet about

Not a number to tweet about

Government infrastructure spending in the second quarter fell to 1.4% of GDP, the lowest level on record.

According to Thompson Reuters, investment by American municipalities in the first seven months of this year, at 50.7bn, was 20% below the same period in 2016.

Private-sector infrastructure funds show a similar trend.

The downward trend in both public and private investment suggests the administration’s lack of action has had an additional cooling effect.

Unless the federal government leads the way, there is unlikely to be much new activity.

Water Technologies Canada Inc.

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