Highway, street, and bridge construction (NAICS 237310) industry trends
The highway, street, and bridge construction comprises firms that provide construction services of highways, streets, roads, airport runways, public sidewalks and bridges. Specialty trade contractors providing services related to highway, street and bridge construction are included in this industry. Additional examples of services included in this industry are airport runway construction, highway line painting, causeway construction, elevated highway construction and sign erection. The work performed by firms in this industry includes new work, reconstruction, rehabilitation and repairs.
The Census Bureau’s most recent data indicates that there are approximately 17,903 firms within this industry.
According to Sageworks’ industry data, the industry’s net profit margin during the last 12 months was 2.27 percent. During this time, the average gross profit margin was 17.90 percent.
The graph below shows business statistics for the average company in the highway, street, and bridge construction industry.