Dossiers, industry reports and further studies. 
Exclusive Statista studies on market-relevant topics: 
Highway Construction in the U.S. - Statistics & Facts
Federal, state and local governments remain the major contributor of highway construction funding, but the number of public-private partnerships (P3s) is on the increase. Under a P3, private firms either receive money from the government in order to build, operate or maintain parts of the road network, or these firms acquire the right to generate revenue in exchange for a fee paid to the government. A significant amount of the funding for constructing and maintaining highways originates from the United States Highway Trust Fund. This financial instrument derives most of its revenue streams from sources such as fuel and vehicle taxes. The fund was initially established in the late 1950s to finance the United States Interstate Highway System and other transportation projects. However, the Highway Trust Fund has been unable to meet obligations for highway and transit spending for over three years, and several billion U.S. dollars had to be incurred from the U.S. Treasury’s general fund. In 2015, the public sector spent almost 90 billion U.S. dollars on highway construction. Highway and road construction put in place in the United States is projected to grow to over 99.4 billion U.S. dollars by 2020. Highway and bridge construction is expected to vary across the United States, growing in about 20 states but remaining in stable in others. Some states have increased investment into transportation construction in recent years; since 2013, 15 states that have raised gas taxes for increased investments.
U.S. revenue streams originating from highway and road services - including reconstruction, repairs and maintenance - amounted to around 26 billion U.S. dollars in 2013. The leading companies in the field of highway construction include Kiewit, Colas and Lane Construction.
Highway construction in the United States - Important statistics
- 1. U.S. highway construction industry
+U.S. construction spending: federal highway and street projects 2008-2015- +U.S. construction spending: state and local highway and street projects 2008-2015
- +U.S. construction spending: public highway and street projects 2008-2016
- +Value added of construction industry as a percentage of U.S. GDP 2007-2016
- +U.S. highway and street construction industry gross output 2000-2015
- +Gross output of U.S. asphalt materials manufacturing 2000-2015
- +U.S. construction: value of highway and street construction 2005-2020
- 2. Industry revenue and financing
- +U.S. value of private transportation construction put in place 2008-2015
- +Investment gap in the U.S. transport infrastructure 2016-2025
- U.S. Highway Trust Fund revenue segmentation 2015
- +Revenue & interest: U.S.Highway Trust Fund Highway Account 2013-2016
- +Outlays: U.S.Highway Trust Fund Highway Account 2013-2016
- 3. Network facts
- 4. Highway construction employment
More interesting topics from the industry "Building Construction"
Any more questions?
Any more questions?
Get in touch with us quickly and easily. We are happy to help!
Get in touch with us quickly and easily. We are happy to help!
Feel free to contact us anytime using our contact form or visit our FAQ page.