- PwC forecasts global spending on capital projects and infrastructure to increase by more than $9T a year by 2025, and estimates $78T in total global spending between now and then. Spending for 2012 was $4T.
- The new calculation also projects a much faster growth rate in China and other Asian countries that have not faced the brunt of the financial crisis. China surpassed American capital and infrastructure spending in 2009.
- U.S. capital projects and infrastructure spending is expected to increase 3.5% annually, reaching $1T a year by 2025.
- ETFs: CHXX, KFYP