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 freeway bridges in need of repair following accident855 Views
- What state has the worst roads and bridges in the country?552 Views
- VIDEO: With streaking flash of explosives, mile-long bridge collapses in 3 seconds533 Views
- VIDEO: Massive steel beam falls off trailer, snatches semi truck onto its side459 Views
- 70-foot-long bridge survives series of earthquakes445 Views