U.S. transportation system plans $7B in second-quarter construction starts

Written by jrood

Throughout the recent recession, the transportation systems sector was one of the lone areas of growth in the Industrial Manufacturing Industry. Consisting of the commuter, light and freight-rail segments of the industry, as well as the deepwater and inland ports segment, the transportation systems sector has managed to get projects developed and into construction, even as other sectors struggled to keep operations open and workers employed. Billions of dollars were invested in the past two years in this sector, and now that the overall economy is recovering, even more project activity is being planned. During the upcoming second quarter of 2011, more than $7 billion in transportation systems sector projects are currently scheduled to begin construction in the United States.

Tags: