S&P Global: 2025 U.S. transportation infrastructure sector should see generally steady demand and growth

S&P Global Ratings today said it expects activity in the U.S. transportation sector will continue to normalize in 2025, with growth rates for most modes of transportation slowing to levels comparable with pre-pandemic averages, following more rapid growth in 2024.

"Although we expect volume growth for enplanements, port containers, transit ridership, and vehicular traffic will fall compared with recent years, we believe activity across most modes of transportation will continue to steadily increase from 2025-2027," said S&P Global Ratings credit analyst Quinn Rees.

See the report, titled "2025 U.S. Transportation Infrastructure Activity Estimates: Generally Steady Demand And Growth."

This report does not constitute a rating action.

The report is available to RatingsDirect subscribers at www.capitaliq.com. If you are not a RatingsDirect subscriber, you may purchase a copy of the report by sending an e-mail to [email protected]. Ratings information can also be found on S&P Global Ratings' public website by using the Ratings search box at www.spglobal.com/ratings.