Nov 18, 2024
Highway and Bridge Building Continues to Spike
BY ARTBA
On the third anniversary of the Infrastructure Investment and Jobs Act (IIJA), highway construction activity continues to reach unprecedented levels. In September, the total value of transportation construction market activity hit $21.6 billion, reflecting a 2.5 percent increase from $21 billion in September 2023. Year-to-date, highway and bridge construction has surged by 9.2 percent, setting a record-breaking $108 billion in activity.

The Value of Construction Put in Place, a metric released by the U.S. Census Bureau, tracks monthly progress on projects. As IIJA-funded initiatives move forward and contractors begin work, the construction market continues to see robust growth.
For more insights, ARTBA’s Transportation Construction Market Intelligence Service (TCMIS) offers detailed U.S. data by mode, along with interactive tools covering all 50 state transportation budgets and state and local contract awards.
