Local and state government contracts for highway, road and bridge projects dramatically increased between 2021 and 2022, a sign that bipartisan infrastructure funds are starting to have an impact, but contracts for rail and transit projects slowed significantly since the start of the COVID-19 pandemic, according to an analysis conducted by the American Road & Transportation Builders Association.
The dollar value of contract awards for all transportation projects jumped 25% from 2021 to 2022, with the number of contracts up 12.4% to 39,500, according to ARTBA Chief Economist Alison Premo Black.