The highway paving market will remain relatively flat next year, according to a forecast by ARTBA. It predicts that highway work will increase next year just 2.3%, to $47.7 billion, which would still be well below 2010's level of $51 billion. "The good news is that after reaching record levels in 2012, the bridge market will stay close to that level in 2013," says ARTBA's economist Alison Black. Her forecast sees up to $28.2 billion in bridge work next year. "Any real growth in 2013 will count on state funding, which does not look good," she says.
Highway Markets Unlikely To See Significant Growth in 2013
November 21, 2012