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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
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