Road and Bridge Construction – IBISworld report, August 2019

The Road and Bridge Construction industry’s revenue has fluctuated significantly over the past five years, reflecting the start-up and completion of several large-scale motorway, bridge and tunnel developments. The industry’s performance has been underpinned by strong growth in federal, state and local government capital expenditure on road construction and maintenance, including substantial upgrades to existing public roads. Industry revenue is expected to increase by an annualised growth of 10.2% to a total of $35.4 billion, over the five years to 2019.This includes a rise of 8.9% in 2019.