In 2023, wages and salaries in the US water collection, treatment, and supply sector stood at approximately $2.07 billion. From 2024 to 2028, a consistent growth trajectory is forecasted, with the value increasing from $2.11 billion to $2.26 billion. Year-on-year growth is steady at around 1.9%. The five-year compound annual growth rate (CAGR) is forecasted at approximately 1.8%, reflecting stable, moderate growth in this sector.
Future trends to watch for include potential influences from regulatory changes, technological advancements, and shifts towards sustainable practices. Factors such as climate change and population growth may also impact labor demands and wage structures in this vital industry.
