In Middle TN, at least, asphalt is coming back in favor. Apparently concrete doesn’t handle the freeze/thaw cycle very well, and is harder to repair than asphalt.
In a side note, TN Department of Transportation recently experimented with a more porous asphalt variant on some major roadways, which was supposed to help with drainage. But in the winter, rain soaked deeper into the porous asphalt, causing much larger pot holes than expected. They repaired this with more traditional asphalt, which really stands out next to the more porous type, when it’s raining. I don’t know what the final fix will be, but it seemed odd that they wouldn’t have tested that scenario more fully.