State DOTS and local government infrastructure spending inches up
John Latta | February 14, 2013
State DOTs and local governments committed a little over $117 billion in funding for highway, bridge, transit, port and other transportation-related construction projects during 2012, according to new analysis of the most recent U.S. Census Bureau data by the American Road & Transportation Builders Association (ARTBA).
That’s one percent more than 2011 but well short of the healthier 2010 number of $129 billion. ARTBA says highway spending was down 4.3 percent and bridge spending u0p 4.5 percent. When you look at the report highway sp0ending was really the only loser. ARTBA’s monthly report, “Value of Transportation Construction Put in Place,” was compiled by Dr. Alison Premo Black, the association’s chief economist.
MORE FROM News & Analysis
- 5 Options for Avoiding Highway Trust Fund Insolvency507 Views
- Sen. Murray warns Highway Trust Fund insolvency 'threat is growing'408 Views
- Boxer outlines Senate priorities for long-term surface transportation bill393 Views
- Foxx: Insolvent transportation system could cost 700k jobs352 Views
- AGC: Cars crashed into 45% of highway contractors' work zones in 2013253 Views