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Briefing
Recent Trends in Infrastructure Investment and Capacity in New England
Households and businesses throughout New England rely on roads, bridges, dams, sewers, drinking water systems, and other elements of public infrastructure daily. However, the region’s states and municipalities have long been acknowledged as spending less than much of the rest of country on these public capital assets. The Infrastructure Investment and Jobs Act of 2021 (IIJA) represents a massive and historic opportunity that will fund billions of dollars’ worth of repairs and improvements to public infrastructure across the region. The $1.2 trillion package contains $550 billion in new ...
Speech
Bullard Discusses U.S. Economy with District Business Leaders
St. Louis Fed President Jim Bullard participated in a virtual discussion with business leaders and bankers from Seymour, Ind., and other areas of Jackson County, Ind. During the event, which was hosted by the St. Louis Fed’s Louisville Branch, he addressed questions on inflationary pressures in 2021, supply chain disruptions, labor force participation, a potential housing bubble, infrastructure spending, the national debt and other topics.Bullard meets regularly with groups in the four zones that make up the St. Louis Fed’s District to share insights on the U.S. economy, as well as to ...