For subscription information, contact Liz Cavallaro.

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Monthly U.S. Transportation Construction Market Report

The monthly U.S. Transportation Construction Market Report provides the number and value of new contracts awarded each month by state and local DOTs for transportation construction projects. The data is broken out by state for highway, bridge, port and waterway, railroad and airport projects.

The value of new transportation contract awards in year to date December 2009 was up 9.7 percent compared to December 2008, to $64.5 billion.

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Value of Transportation Construction Put In Place

The market intelligence reports include the monthly Value of Construction Put In Place Report, which tracks the value of construction work completed for all modes of transportation, including highways, bridges, airports, public transit systems and water transportation facilities.

This November, the value put in place on transportation projects totaled $10.8 billion, 9.7 percent more than during November 2008 and a record amount of construction spending for any November. Year to date, $112.6 billion of construction work has been performed on transportation projects, a 4.3 percent increase over the first eleven months of 2008.

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Federal Highway Obligation Report

The monthly Federal Highway Obligation Report tracks state-by-state data on the amount of federal funds obligated each month for federal-aid highway and bridge projects.

As of the end of December, only $1.6 billion of FY 2010 SAFETEA-LU funds had been obligated, compared to $6.4 billion at the end of December in FY 2009. Fortunately, state and local transportation agencies also obligated $3.2 billion of American Recovery and Reinvestment Act (ARRA) funds during the first three months of FY 2010, bringing the three month total to $4.8 billion.

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Quarterly Market Conditions Survey Report

The Quarterly Market Conditions Survey Report offers a broad range of data on current transportation construction market conditions and the outlook from a survey of ARTBA contractor members. This report is also available to any contractors that participate in the survey.

The downturn in the transportation construction market continued in third quarter 2009, according to the latest ARTBA Quarterly Contractor Market Condition Survey. The key
indicators for construction work performed, employment, backlogs, capital spending and profit margins continue to indicate a contracting market.  Although the bridge market is also contracting, the downturn is not quite as severe.

If you would like to participate in the next quarterly survey and receive the full results, download the form or take the online survey.