Tag: gross domestic product

Roadbuilding

ARTBA forecast calls for modest 2015 growth

The U.S. transportation construction market will see a 3.1 percent growth from $185.9 billion in 2014 to $191.7 billion in 2015, according to a forecast released by American Road & Transportation Builders Association (ARTBA) Chief Economist Dr. Alison Premo Black. The projected growth is slightly above the anticipated growth in the overall economy. U.S. Gross […]

December 3, 2014

Roadbuilding

Transportation construction investments generate $354 billion in annual U.S. economic activity

The money invested in employment and purchases in the transportation construction industry generates $354 billion–or 2.25 percent of the Gross Domestic Product (GDP)–annually in United States economic activity, according to an American Road & Transportation Builders Association (ARTBA) report. The report, “The U.S. Transportation Construction Industry Profile,” reveals that the annual GDP transportation construction employment […]

April 24, 2013

Roadbuilding

Financial District: Home Sweet Homes

Residential market shows signs of life — and that may be a little good news for highway contractors.

January 1, 2010