INDICATIONS POINT UP : LAST YEAR'S PROBLEMS WITH FEDERAL FUNDING AND MATERIALS COSTS ARE CLEARING UP

This growth forecast for the 2005 highway construction industry predicts construction will be up two percent in 2004, although 60 percent to 100 percent increases in steel costs will negate increased profits. The article reports federal funding will reach a record $34.4 billion due to an increase in funding from new legislation and taxes. Manufacturers are optimistic and expect up 16 percent gains in profit, the article states, however the high cost of steel due to demand from China and the cost of fuel may affect that outlook. Short supplies of cement will continue into 2004 because of lack of available supply chains. Graphs depicting changes in percent growth for industries ranging from cement to light equipment are included.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/oclc/11660022
• Corporate Authors:

  Scranton Gillette Communications

  380 E Northwest Highway, Suite 200
  Des Planes, IL  United States  60016-2282
• Authors:
  • Zeyher, A
• Publication Date: 2005-3

Language

• English

Media Info

• Features: Figures; Photos;
• Pagination: p. 24-29
• Serial:
  • Roads & Bridges
  • Volume: 43
  • Issue Number: 3
  • Publisher: Scranton Gillette Communications
  • ISSN: 8750-9229
  • Serial URL: http://www.roadsbridges.com/rb/

Subject/Index Terms

• TRT Terms: Building materials; Cement; Costs; Government funding; Road construction
• Subject Areas: Finance; Highways;

Filing Info

• Accession Number: 00989405
• Record Type: Publication
• Source Agency: UC Berkeley Transportation Library
• Files: BTRIS, TRIS
• Created Date: May 3 2005 12:00AM