Infrastructure Boost Becomes Invisible in U.S. Growth Forecasts

President Donald Trump is stepping up the fanfare around his $1 trillion infrastructure proposal, but the plan is fast becoming a non-factor in forecasts for U.S. economic growth. The administration is in the midst of an “infrastructure week” of big ideas spanning air traffic, waterways and roads, attempting to move forward on campaign promises to create millions of jobs and spur growth to rates not seen in recent years. The reality is, many concrete details are still missing on specific policies and programs, timelines, costs, and the savings or employment they’ll generate.

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Source: Bloomberg

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