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Category: Money Morning

Why Water Stocks Are About to Get $1 Trillion Boost – Money Morning

The American Society of Civil Engineers has just released its annual Report Card for America’s Infrastructure, which grades several critical areas: water and environment, transportation, public facilities, and energy.

And that report card is nothing we’d like to take home to Mom and Dad, moving as it has from a D to a D+ over the last four years. In short, there remains a lot of room for improvement.

The Report Card suggests that the United States government will have to spend roughly $3.6 trillion on infrastructure building to get to a passing grade – at least above a “gentleman’s C.”

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