Lean Times Ahead for Transportation Work

摘要

After years of steady gains fueled by record funding levels, departments of transportation across the U.S. face lean times ahead. With funds from the 2009 American Recovery and Reinvestment Act largely spent and most states grappling with declines in revenue, the impact of the economic downturn is hitting the transportation sector hard. Highway and bridge construction starts nationwide could drop to $50.2 billion in 2012 from a peak of $58.2 billion in 2010, according McGraw-Hill Construction estimates.