What do the US midterms mean for infrastructure?

US infrastructure investment at a 70-year low

As Americans head to the polls this week, all eyes will be on the US midterms.

Consensus has Democrats taking the House and Republicans keeping the Senate, but elections in recent years have been notable for springing surprises, both in the US and elsewhere. Next week's results may provide their own surprises, but whatever the outcome there is one area of US public policy which has agreement from both sides of the political divide: the need for investment in America's ailing infrastructure. Donald Trump's pledge to commit $1.5trn to infrastructure over the next ten years has wide popular appeal because his plan addresses an obvious need: basic services in the US ar...