Repairs to homes, roads, bridges and public buildings need to take place. Companies in all the sectors related to repairing the damage are likely to profit. So we believe construction spending will increase by 20% in the long term and a few hundred percent in the short run….Certain areas need to be completely rebuilt
Disruptions and backlogs
The natural disasters have caused not only disruptions but major backlogs in affected industries. There is already a backlog of about four years in the rebuilding of homes after the fires in California. Victims wanting to rebuild their homes are facing the harsh truth that they might have a long wait before overwhelmed construction companies are able to help them.
They are even battling to get insurance assessors in to assess the damage as they too are under pressure. The huge demand means that such companies are likely to have work lined up for many years to come.
Mass Shootings
In the wake of incidents like the Las Vegas mass murder at the Mandalay Bay Hotel, everyone wants to know what can be done to prevent another incident of this nature. Some have argued that better security could have prevented the Las Vegas shooting. Speculations like this will undoubtedly accelerate very strong, probably generational shifts in the size and investments in security spending.
