The U.S. Census Bureau announced that construction spending during September 2020 was estimated at a seasonally adjusted annual rate of $1,414.0 billion, 0.3% (±1.0%) above the revised August estimate of $1,410.4 billion. The September figure is 1.5% (±1.3%) above the September 2019 estimate of $1,393.3 billion.
Read MoreTag: highways
NSSGA Sounds Alarms on Funding Relief for State DOTs
The National Stone, Sand & Gravel Association (NSSGA) sent out an industry call to action, signed by President and CEO Mike Johnson and Michele Stanley, vice president, government & regulatory affairs:
Read MoreNAPA Leads Highways Drive America Campaign
The National Asphalt Pavement Association (NAPA) announced it is leading the 11 member associations of the Highway Materials Group (HMG) in the launch of “Highways Drive America,” a social media campaign designed to raise awareness about the critical need to fund highway infrastructure as a way to stimulate the nation’s return to work and the economy’s recovery in the wake…
Read MoreHighways on the Hot Seat
August 1, 2019 – According to the latest construction spending report from the U.S. Census Bureau, highway construction in June was at a seasonally adjusted annual rate of $101.9 billion, 6.4% (±5.4%) below the revised May estimate of $108.9 billion. But spending in the first half of 2019 was up sharply for most public infrastructure, with year-to-date increases of 14.5% for highway and street construction spending, 7.1% for transportation…
Read MorePeckham Industries Educates on Aggregates
Last month, representative companies of the Liquid Asphalt Distributors Association (LADA) presented informational seminars to Highway Superintendents at the 74th annual Cornell Local Road Program at Ithaca College, Ithaca, N.Y.
Read MoreConstruction Spending, Employment Rise; Highways Down
The U.S. Census Bureau announced that construction spending during April 2018 was estimated at a seasonally adjusted annual rate of $1,310.4 billion, 1.8 percent (±1.0 percent) above the revised March estimate of $1,286.8 billion.
Read MoreConstruction Spending Predicted to Rise; Highways to Remain Flat
According to FMI’s First Quarter Construction Outlook Report, total engineering and construction spending for the United States is forecast to be 7 percent in 2018, compared to up 4 percent in 2017. Spending growth in 2018 is forecast to be led by residential and select nonresidential segments.
Read MoreReport: Asphalt Demand for Highways and Streets to Rise
Demand for asphalt used in highways and streets is forecast to advance 3.3 percent per annum to 13.7 million tons in 2021, aided by increases in government funding and rising highway and street construction activity.
Read MoreManufacturers Challenge Next President: Close $1 Trillion Infrastructure Gap
The National Association of Manufacturers (NAM), the largest manufacturing association in the United States, released “Building to Win,” an ambitious, new initiative to revitalize the nation’s failing infrastructure. In a vote by the 121-year-old association, the initiative was unanimously adopted by the NAM board of directors.
Read MoreAnnual Report Reveals Best, Worst States for Highways
The nation’s top-performing, most cost-effective highways can be found in South Carolina, South Dakota, Kansas, Nebraska and Maine, according to Reason Foundation’s Annual Highway Report.
Read More