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Retailers hail infrastructure deal as good news for the supply chain

November 8, 2021

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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