WebFederal Spending for Highways, Adjusted for Inflation Adjusted With Government-Specific Capital and Consumption Price Indexes Adjusted With GDP Deflator 0 10 20 30 40 50 60 70 1956 1960 1964 1968 1972 1976 1980 1984 1988 1992 1996 2000 2004 2008 2012 2016 Billions of 2024 Dollars. 4 CBO WebFrom 1977 to 2024, in 2024 inflation-adjusted dollars, state and local government spending on highways and roads increased from $98 billion to $204 billion (107 percent increase). …
FHWA Releases Latest National Highway Construction Cost
WebSep 6, 2024 · Square Feet Climate Law a ‘Game Changer’ for Highways and Bridges Through a combination of tax credits and direct funding, the Inflation Reduction Act aims to … Web2 days ago · It’s the lowest annual level for the key inflation gauge since January 2024. On a monthly basis, producer prices slumped by 0.5%, driven by falling goods prices, specifically lower energy prices. sperry brewster duck boot
National Highway Construction Cost Index (NHCCI)
WebJul 19, 2024 · Key highway components, as measured by the Bureau of Labor Statistics, like asphalt, concrete and metal, grew at 107 percent, 61 percent and 45 percent, respectively between 2003 and 2016. Many states track their own construction costs, with some experiencing much higher inflation than others. WebThe legislation, named the Inflation Reduction Act of 2024 (IRA or the “Act”), is a scaled-back version of the Democrat’s Build Back Better (BBB) plan. The Act will raise $739 billion in revenue and invest $369 billion in energy security and climate change and another $64 billion to extend the Affordable Care Act (ACA) over the next 10 years. WebJul 19, 2024 · Key highway components, as measured by the Bureau of Labor Statistics, like asphalt, concrete and metal, grew at 107 percent, 61 percent and 45 percent, respectively … sperry brown