Deals

Infrastructure Boom Seen Roaring Ahead No Matter Midterm Result

Investors plowed record sum into sector’s funds last quarter
Federal spending package could still win bipartisan support

A sports utility vehicle (SUV) tows a boat as rush hour traffic moves slowly on the 405 Freeway in this aerial photograph taken over the Westwood neighborhood of Los Angeles, California, U.S., on Friday, July 10, 2015. The greater Los Angeles region routinely tops the list for annual traffic statistics of metropolitan areas for such measures as total congestion delays and congestion delays per peak-period traveler.Photographer: Patrick T. Fallon

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By Gillian Tan and Noah Buhayar

November 2, 2018 at 9:00 AM UTC

This article is for subscribers only.

Encouraging spending on roads, bridges and other infrastructure could be one of the rare areas where a Democrat-controlled Congress finds common ground with the Trump administration.

Private investors in such projects aren’t relying on any breakthroughs, regardless of how next week’s midterm elections shake out.