Thursday, March 6, 2008

WisDOT math off again

Remembering that the Wisconsin Department of Transportation estimates the inflation rate for the proposed, unfunded $1.9 billion North-South I-94 reconstruction and expansion project at 3%, we draw your attention to this from the American Road and Transportation Builders Association.

The cost of highway and street construction materials was up 11.8 percent in November 2007 compared to the same month last year. During the same time period inflation, as measured by the consumer price index, was 4.3 percent. Between 2003 and 2006, the cost of highway and street construction materials grew 35 percent.

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