States Obligating Federal Funds On Pace with Last Year
By Dr. Alison Premo Black, chief economist, ARTBA States obligated a total of $3.5 billion in federal-aid highway construction funds in June, according to the latest data from the U.S. Department of Transportation. With three months left in the federal fiscal year,...
ARTBA Cited in Coverage of State DOT Funding Shortfalls
By John Schneidawind, vice president of public affairs, ARTBA State transportation department leaders say the coronavirus pandemic has left them facing an estimated $50 billion shortfall in funding for roads, bridges, and other infrastructure. ARTBA Chief Economist...
Highway Construction Employment Holds Steady As Work Continues
By Dr. Alison Premo Black, chief economist, ARTBA Highway, street and bridge contractors added 47,900 jobs between April and May, according to the latest data from the U.S. Bureau of Labor Statistics. Total industry employment was 372,900, an increase of 0.6 percent...
Highway Construction Activity Up 9 Percent in May
By Dr. Alison Premo Black, chief economist, ARTBA May data from the U.S. Census Bureau provides the strongest evidence yet that highway construction work has continued and even accelerated amid the broader economic shut down from the impact of COVID-19. The value of...
States Continue to Increase Highway & Bridge Contract Awards
By Dr. Alison Premo Black, chief economist, ARTBA Despite the broader economic slowdown, state and local governments continue to ramp up awards for highway and bridge construction projects. With May data in hand, three months of information provides a clearer picture...Advertisements:
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