ARTBA THINKS NEW REPORT IS "DEFICIENT"
Maintaining current physical conditions and levels of safety and traffic flow on the nation's highway network will cost an additional $26 billion per year over the next decade, a new analysis of U.S. Department of Transportation data shows. An American Road and Transportation Builders Association (ARTBA) analysis of the 309-page report, however, found the agency's conclusion is predicated on an assumption that U.S. motor vehicle traffic growth will significantly decrease over the next 20 years. By projecting the growth of traffic to increase annually at the same average rate it has risen over the past 20 years, the cost to maintain physical conditions would jump $9 billion annually over anticipated investment.
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- Publication Date: 2000-7
- Pagination: p. 21
- TRT Terms: Accuracy; Costs; Economic forecasting; Highway bridges; Highway maintenance; Highways; Traffic forecasting
- Identifier Terms: American Road & Transportation Builders Association; U.S. Department of Transportation
- Subject Areas: Economics; Finance; Highways; Maintenance and Preservation; Society; I10: Economics and Administration; I61: Equipment and Maintenance Methods;
- Accession Number: 00797257
- Record Type: Publication
- Files: TRIS
- Created Date: Aug 25 2000 12:00AM