John Schneidawind, vice president of public affairs, ARTBA
The U.S. transportation infrastructure market is expected to grow at least 5 percent next year, according to ARTBA’s annual forecast.
Total domestic transportation construction and related-market activity in 2020 should reach $300.4 billion, up from 2019’s $286.5 billion, after adjusting for project costs and inflation.
Airport construction work on runways and terminals increased by less than 1 percent in 2019 but was still at record investment levels.