Industry Analysis & Industry Trends
The Road and Highway Construction industry was caught in heavy traffic during the five years to 2014. The recession limited road and highway spending by local and state governments, which are the largest sources of industry-specific project funding. Nevertheless, federal government stimulus spending and other forms of support bridged some of the funding gap left over by regional deficiencies. In the coming years, the need to rebuild, expand and repair existing road infrastructure, coupled with rising congestion caused by urban sprawl, will push authorities to invest in industry projects... purchase to read more
Industry Report - Industry Locations Chapter
Because populated regions require extensive road infrastructure to accommodate residential and commercial traffic, the number of establishments correlates with population distribution. However, regions with a lot of distance between population centers also encourage establishments as these expanses need to be connected by long stretches of road.
The Southeast and West
The Southeast and West account for about 25.9% and 14.6% of industry establishment, respectively. They are the nation's two most populated regions. In the Southeast both Florida and Georgia have extensive road networks and many other states have above average highway mileage. The West is home to California, the country's most populated state and owner of the second largest public road network... purchase to read more