Value of Projects Up 20% Over Last Year

What’s happening: The value of transportation projects expected to break ground in the next 30 to 60 days reached $13.4 billion in June, up 20 percent from $11.1 billion a year ago, according to just-released data from ARTBA’s economics team.

Key highlights: The analysis is based on state and local contract awards, which are a leading indicator of future construction activity. Topline takeaways include:

• Twenty-nine states increased the value of transportation project awards in June 2025 compared to June 2024.
• States with the highest value of awards include New York, California, Illinois, Texas, Arizona, Ohio, Florida, and Minnesota.
• States with major monthly percentage gains include Tennessee, New York, Virginia, Arizona, Alaska, Utah, and Mississippi.
• State and modal breakdowns available on the ARTBA website.

Dig deeper: Subscribe to the ARTBA Transportation Construction Market Intelligence Service to unlock other key insights, including preliminary data on the FY 2026 state transportation budgets.