A manufacturing renaissance is taking place in the United States. The amount of spending on the construction of new factories just hit its highest percentage of Gross Domestic Product (GDP) since 1979.
So on today’s video update, I discuss the boom we’re seeing in manufacturing construction and highlight the companies that are best positioned to profit from this trend.
As you can see in the chart above, spending began to increase in 2022. It has more than doubled since.
But the factories being built aren’t what you may think. They’re the factories of the future, focused on things like robotics… automation… the Internet of Things (IoT), and artificial intelligence (AI).
Check out the video below for more details. Plus, I give you the names of four companies that are in the best position to benefit as the construction spending boom continues.
Here’s to the future,
Matt McCallEditor, Market Insights
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