Source: American Road & Transportation Builders Association, Washington, D.C.
The U.S. transportation infrastructure market is expected to grow at least 5 percent next year, fueled by increased federal, state and local government investment, according to the just-released forecast from American Road & Transportation Builders Association Chief Economist Dr. Alison Premo Black. Total 2020 construction and related-market activity should reach $300.4 billion, up from $286.5 billion this year after adjusting for project costs and inflation.
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