The wages and salaries in the U.S. water collection, treatment, and supply sector are projected to experience consistent growth from 2024 to 2028. In 2023, the recorded value was slightly below the 2024 forecast of 2.11 billion USD. The forecasted year-on-year percentage increases indicate a steady rise, with a typical variation between 1.9% to 2% annually. The compounded annual growth rate (CAGR) over the five years from 2024 to 2028 is expected to be modest but stable, reflecting continuous investment and the essential nature of the sector.
Future trends to watch for in the water industry wages and salaries include:
- Potential technological advancements that may affect labor demand and skill sets.
- Regulatory changes that could impact operational and employment costs.
- Economic conditions influencing public sector budgets and investment in infrastructure.