editorial

Last Year Was Good; This Year Starts Great

Final numbers are in for 2013, and it was a good year for highways, according to McGraw Hill Construction, a division of McGraw Hill Financial. Highway construction was up 10 percent for the year. Highway and bridge construction together registered a 21 percent gain for the full year. The top five states for highway and bridge construction in 2013, ranked by the dollar volume of activity, were Texas, New York, California, New Jersey and Virginia.

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Construction Starts Dip, But Highways Rise

At a seasonally adjusted annual rate of $524.8 billion, new construction starts in November fell 11 percent from the previous month, according to McGraw Hill Construction, a division of McGraw Hill Financial. The downturn followed heightened activity in October, which showed the strongest pace for construction starts so far during 2013. Highway construction was up 9 percent.

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