2024 is shaping up to be the year where we could witness the longer-term impact of billions of dollars in government spending and tax incentives on manufacturing and infrastructure through the IRA, the CHIPS Act, and the IIJA. This infusion of capital has already begun amid a very tight labor market, energy price volatility, and continued efforts to reduce carbon emissions across the energy and industrial sectors. Deloitte’s 2024 energy, resources, and industrials outlooks, covering manufacturing, chemical, engineering and construction, aerospace and defense, power and utilities, oil and gas, and renewable energy sectors, highlight the key inflection points, opportunities, and challenges expected in the coming year.