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Retailers hail infrastructure deal as good news for the supply chain

November 8, 2021

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As President Joe Biden said on Saturday, it’s finally infrastructure week.

Both houses of Congress last week passed a sweeping, trillion-dollar package that includes more than $550 billion in spending on projects that Wells Fargo analysts describe as having a “broad focus on strengthening supply chains and infrastructure, with a backdrop of clean energy, lower emissions and more consumer-facing broadband infrastructure.”

Key retail groups hailed the development, which Biden is set to sign “soon.”

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