Industry Analysis & Industry Trends
Road and highway services did not experience the same downturns as other industries during the recession, due to robust federal stimulus investment in infrastructure development. Though this funding has tapered off, firms will continue to rely on federal dollars and the general health of the economy in the years to come. In particular, a new surface transportation bill will likely come into fruition in the near future, stimulating demand. Likewise, residential construction is expected to pick up, which will also boost demand... purchase to read more
Industry Report - Industry Locations Chapter
The industry's geographic distribution correlates with the distribution of US population, the location of major cities with urban arterial roads and the spread of road networks across the land with regard to lane miles.
The Southeast region represents about 25.4% of national population and the region maintains a comparable share of industry establishments (26.7%). The Southeast comprises a disproportionately high (32.3%) share of industry employment, which indicates lower labor rates in the region or fewer hours worked per employee... purchase to read more