Transportation Institute quantifies ballooning costs of traffic congestion

Sources: American Transportation Research Institute, Washington, D.C. A new American Transportation Research Institute study shows traffic congestion adding $94.6 billion in 2021 to trucking industry costs. The latest Cost of Congestion study utilizes ATRI’s unique truck GPS database to calculate trucking delay impacts from 2017 through 2021 on major U.S. roadways. While year-over-year decreased in 2020 due to the Covid-19…

Read More

Concrete, plumbing fixtures lead in construction input price stability

Sources: Associated Builders & Contractors, Washington, D.C.; CP staff New U.S. Bureau of Labor Statistics Producer Price Index data confirms rampant inflation (> 50 percent) levels among eight of 11 Nonresidential Construction input subcategories. An Associated Builders & Contractors analysis finds segment prices up 21.9 percent year over year through May, and 44.4 percent since February 2020. Plumbing Fixtures and…

Read More