This report contains primary and secondary data obtained from government sources, trade associations and publications, business journals, scientific papers, company literature, investment reports, and interviews with industry professionals. Statistics on highway use and financing comes from the Department of Transportation's Federal Highway Administration (FHWA) and from the U.S. Census Bureau. Producer price index data and labor data comes from the U.S. Bureau of Labor Statistics. Regional data comes from state transportation departments.
CHAPTER 1 EXECUTIVE SUMMARY
SCOPE & METHODOLOGYTHE U.S. ROAD SYSTEM THE U.S. ROAD, BRIDGE & TUNNEL CONSTRUCTION MARKET Road Construction Market Bridge Construction Market Tunnel & Wall Construction Market Roadway Construction in the Top Four States Market Forecast FUNDING ROAD CONSTRUCTION MARKET DRIVERS & BARRIERS Market Drivers Market Barriers EMPLOYMENT TRENDS CONSTRUCTION COSTS COMPETITORS CHAPTER 2 INTRODUCTION SCOPE METHODOLOGY THE U.S. ROAD SYSTEM Types of Roads in the U.S. Road Infrastructure Ownership U.S. CONSTRUCTION & TRANSPORTATION INFRASTRUCTURE SPENDING Funding Road Construction Other Financing Mechanisms The Politics of Roadway Construction Funding CHAPTER 3 THE MARKET U.S. ROAD, BRIDGE & TUNNEL CONSTRUCTION U.S. Continues to Focus on Highways Road Construction Market Bridge Construction Market Tunnel & Wall Construction Market MAINTAINING AN AGING INFRASTRUCTURE FOUR KEY ROAD CONSTRUCTION STATES California Texas Florida New York FORECAST Short-Term Forecast Road Construction Forecast Bridge Construction Forecast Tunnel Construction Forecast CHAPTER 4 MARKET TRENDS MARKET DRIVERS Increasing Number of Vehicles & Miles Travelled State of Repair of Existing Roads & Bridges Increasing Safety Congestion MARKET BARRIERS Funding Imbalance Federal & State Debt EMPLOYMENT TRENDS Employment by Industry Type Associated Jobs Employment Forecast CONSTRUCTION COSTS Construction Project Costs Design-Build vs. Bid-Design-Build Projects FUNDING SOURCES Federal Transportation Funding Legislation (MAP-21) State & Local Funding