State and Local Government Transportation Construction Spending
Highway and Street Construction (monthly data, not seasonally adjusted)
Air, Land, and Water Transportation Construction (monthly data, not seasonally adjusted)
State and Local Transportation Construction Value (millions of dollars) | Oct-14 | Oct-15 |
---|---|---|
Highway and Street Construction Value | 9,553 | 10,061 |
Percent change from same month previous year | + 9.2% | + 5.3% |
Land Transportation Construction Value | 1,399 | 1,629 |
Percent change from same month previous year | + 5.1% | + 16.4% |
Air Transportation Construction Value | 1,125 | 1,052 |
Percent change from same month previous year | + 10.7% | - 6.5% |
Water Transportation Construction Value | 168 | 125 |
Percent change from same month previous year | - 18.0% | - 25.6% |
NOTES: The value of transportation construction shows the investment in new and rebuilt transportation infrastructure including new infrastructure put in place, as well as conversions, expansions, reconstructions, and rehabilitations of existing transportation infrastructure. Air transportation includes terminals, runways, towers, and other facilities. Land transportation includes terminals, transit facilities, railroad track and bridges, and other facilities. Water transportation includes docks, wharves, marinas, and other terminals, but does not include levees, locks, jetties, or sea walls. The current value is compared to the value from the same period in the previous year to account for seasonality.
SOURCE: U.S. Department of Commerce, Census Bureau, Construction Spending, available at http://www.census.gov/construction/c30/c30index.html as of December 2015.