Moody’s Report: 2017 Outlook for Domestic Toll Road Industry “Remains Positive”

Moody’s Investors Service announces the release of a new research report, “Tolls Roads – US: 2017 Outlook – Strong Traffic and Revenue Growth Support Positive Outlook (subscription required), in which it finds that the 2017 outlook for the domestic toll road industry “remains positive, reflecting the expectation of continued strong traffic and revenue growth in the next 12 to 18 months. . . . Moody’s estimates that median traffic growth among 48 rated toll roads will range from 3% to 4% in the remainder of 2016 and into 2017, and that median toll revenue will grow from 5% to 6% at the same time.” Moody’s announcement adds that 2016 traffic and revenue growth has so far exceeded its expectations.