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The U.S. Department of Transportation’s Federal Highway Administration (FHWA) reports that American highway construction came up short in Fiscal Year 2023. According to the FHWA, only about 23,000 miles of new highway were built in the last fiscal year, well below the target of 30,000 miles.
This shortfall is due in part to the COVID-19 pandemic, which has put a strain on the construction industry. However, even before the pandemic hit, highway construction was falling behind schedule. In FY19, only 26,000 miles of new highway were built, and in FY18, the figure was just 24,000 miles.
The FHWA is urging Congress to provide more funding for highway construction in order to make up for the shortfall. Without additional funding, it’s estimated that only 25,000 miles of new highway will be built in FY24, further exacerbating the problem.
It’s time for Congress to act and provide the necessary funding to ensure that America’s highways are up to par. Our roads are in dire need of repair and upgrading, and without proper funding, the problem is only going to get worse.
Group Media Publication
Construction, Infrastructure and Mining
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