Highway Work Is Still Growing: What July's Numbers Mean for Operators
If you're wondering whether now is a good time to get into heavy equipment operation, the latest construction numbers give you a pretty clear answer: highway work is holding steady, even while other parts of the construction industry are slowing down. You can read the full breakdown at Highway Work Is Still Growing , but here's what it means for you in plain terms. What the numbers actually show Total construction spending across the U.S. dipped slightly in July, and residential building took the biggest hit. But when you dig into the public side of things, highway and street construction stayed strong. Public spending on highways sat at a seasonally adjusted rate of roughly $150 billion a year, which is one of the largest single categories of public construction spending in the country. While overall numbers moved around, highway work continues to be one of the steadier corners of the industry. That steadiness matters. Housing can boom and bust depending on interest rates a...