The forecasted road infrastructure maintenance expenditure in the US exhibits a gradual increase from 2024 to 2028, rising from $51.17 billion to $51.67 billion. This steady rise indicates a minor year-on-year percentage growth. By analyzing the last two years, the trend shows a stable economic environment with limited expenditure fluctuation. Over a broader time frame, a low compound annual growth rate (CAGR) underscores a conservative budget allocation for road maintenance.
Future trends to watch for include:
- Potential shifts in governmental policy or infrastructure funding that may alter projected expenditures.
- Technological advancements that could influence maintenance efficiency and costs.
- Environmental factors that might necessitate increased expenditure on sustainable infrastructure solutions.