Hey kids! Did you know that lots of money is invested in technology for building and construction? Last year, less money was invested compared to the year before, but more deals were made! This means companies are still interested in new construction technology even though less overall money was spent.
- Less money was invested in construction technology in 2024 than in 2023.
- But, more deals happened in 2024 than in 2023.
- This is partly because the US is spending lots of money on new roads, bridges, and other infrastructure.
| Year | Money Invested (Billions of Dollars) | Number of Deals |
|---|---|---|
| 2023 | $19.2 | 558 |
| 2024 | $14.9 | 604 |
