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States Committed More Than $117 Billion for Transportation Projects in 2012

Local governments and state departments of transportation committed more than $117 billion in funding for transportation construction projects in 2012, according to analysis of federal data by ARTBA.

February 12, 2013

Local governments and state departments of transportation committed more than $117 billion in funding for transportation construction projects in 2012, according to analysis of federal data by the American Road & Transportation Builders Association (ARTBA).

Dr. Alison Premo Black, ARTBA’s chief economist, compiled the monthly report, “Value of Transportation Construction Put in Place.” According to Black, while this represents a one percent increase over the $116 billion committed in 2011, transportation construction activity fell short of its 2010 peak, when $129 billion worth of construction work was “put in place” during the year, in large part because of the American Recovery & Reinvestment Act.

Highway construction was down 4.3 percent to $45.9 billion and was the only mode of construction that did not experience an increase in construction, according to Black.

Bridge construction was up 4.5 percent to $28.3 billion, while railroads were up 7.3 percent to $10.3 billion. 

Transportation construction activity construction activity accounted for 13.8 percent of all U.S. construction work put in place, down from 14.6 percent in 2011 and 15 percent in 2010.

 
 

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