California Sees More than $78 Billion in Projects Under Construction

November 14, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--With the fifth-largest economy in the world, California isn't lacking in industry or projects in development. Industrial Info is tracking more than $78 billion worth of projects under construction in the state. While the transportation sector leads the spending, the projects cover a wide range of sizes and sectors.

The transportation sector accounts for more than two-thirds of California's overall project spending, but it represents relatively few projects, as most carry high price tags and are aimed primarily at light rail and airports.