Infrastructure Investment and Jobs Act Funds Authorized for Highway by Fiscal Year and Amount Reduced by Construction Cost Inflation: 2012–2026
Figure

Dataset Excel:
F4_16_IIJA.xlsx (65.42 KB)Notes:
A “high inflation scenario” is the amount that could be bought with allocated IIJA funding for transportation assuming construction costs continue to grow at the average of the 2019 and 2021 annual growth. A “modest inflation scenario” is the amount that could be bought with allocated IIJA funding for transportation assuming construction costs continue to grow at the average of the 2021 and 2022 annual growth. For more information about IIJA and funds allocated, refer to https://data.bts.gov/stories/s/cvki-zubk as of September 2024.
Description:
This bar chart is from the 2024 Transportation Statistics Annual Report.
Source:
U.S. Department of Transportation, Bureau of Transportation Statistics, “Increases in Highway Construction Costs Could Reduce IIJA Funding Allocated to Transportation Up to 40% Over the Next Five Years,” available at https://www.bts.gov/data-spotlight/increases-highway construction-costs-could-reduce-bil-funding-allocated as of September 2024.