While the Great Recession has taken a heavy toll on almost every US construction industry, robust federal stimulus investment in infrastructure development has supported the Road and Highway Services industry through this turbulent time. Looking forward, the federal commitment to highway and infrastructure funding and the overall health of the US economy will determine industry performance. Specifically, the Moving Ahead for Progress in the 21st Century Act will work to improve bridges, fix roads and reduce congestion.
Establishments in this industry are primarily subcontracted to provide specialist construction services for highway and street construction and maintenance projects (i.e. new work, reconstruction, periodic maintenance or repairs). The industry mainly includes specialist contractors that carry out discrete phases within a total highway and street construction project, such as highway grading, installing guardrails, installing street signage and line marking.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.