Highway Construction Costs Grew Another 2.7 Percent in 1st Quarter of 2023
October 27, 2023 – After a brief respite in the October-December 2022 quarter, highway construction costs rose 2.7 percent in the January-March 2023 quarter, an annualized increase of 10.8 percent per year, according to the National Highway Construction Cost Index kept by the Federal Highway Administration.