2021 U.S. Transportation Construction Market Forecast Webinar Coming Dec. 10
One of the biggest question marks is how COVID-19 related declines in transportation user fee revenues will impact 2021 construction market growth at the national and state levels. Other key questions relate to the prospects for early passage of a Biden administration...
Convention Keynote Speaker Warns of ‘Sensitive Moment’ in Economy
By John Schneidawind, vice president, public affairs, ARTBA The economic downturn caused by the COVID-19 pandemic has devastated world economies in ways unlike previous slowdowns, former Federal Reserve economist David Wilcox said in his Oct. 19 keynote address to...
State & Local Government Contract Awards Down in August
By Dr. Alison Premo Black, chief economist, ARTBA The value of state and local government transportation contract awards dropped to $6.7 billion in August, from $8.4 billion in August 2019, a 20 percent decline. The August average for 2017-2019 is $8.4 billion. ...
July Value of Highway & Pavement Construction Work Up 9 Percent
By Dr. Alison Premo Black, chief economist, ARTBA The value of highway construction work reached $9.12 billion in July, up from $8.35 billion in July 2019, according to U.S. Census Bureau data. Airport runway, railroad, and subway and light rail construction values...
State & Local Government Contract Awards Down as Fiscal 2021 Begins
By Dr. Alison Premo Black, chief economist, ARTBA The 2021 fiscal year is off to a slow start as state and local governments awarded $6.7 billion in transportation contract awards in July, down from $11 billion in July 2019. The July average for 2017-2019 is $9.6...Advertisements:
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