January 2014 Economic Overview

Posted on 01/28/2014 in Construction, Economic Overview, Engineering - 0

2013 closed with lots of good news – a budget through 2015; stock market highs; falling unemployment; low inflation; 3Q GDP of 4.1%, etc. The stage is set for a positive 2014. We will see GDP of 3.2% max; unemployment at 6.5%; continuation of a QE program at a reduced pace but still supporting a high liquidity, low interest rate, and positive stock market result enviornment; improving global economies in Asia and South America; improving state and municipal finances; and an improving residential and construction market.

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Surviving in Scarcity as Published by Utility Contractor

Posted on 11/27/2013 in Economic Overview, Utility - 0

This 2014 Utility Outlook investigates the spending, scarcity and opportunity in the Electric and Gas Transmission and Distribution; Water, Waste Water and Sewer; and Communication sectors. Suc­cessful contractors will recognize that this situation demands innovative solutions to thrive in an environment of scarcity. Said another way, there is “Water, water, every­where, Nor any drop to drink.”

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July 2013 Economic Overview

Posted on 07/28/2013 in Construction, Economic Overview, Engineering - 0

America’s bumpy recovery continues during the first half of 2013, with employment improving and other metrics (construction spending, etc.) trending sideways or down; China, and Asia as a whole, saw slower than expected GDP growth–but not slow enough for alarm; and, as usual, little ever happens in Washington (one caveat look for rate adjustments by the Fed in late 2013 or 2014).

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March 2013 Economic Overview

Posted on 05/28/2013 in Construction, Economic Overview, Engineering, Utility - 0

Recent attention on Washington’s ineffective handling of our nation’s deficit, debt and budget overshadowed a strong finish to 2012 and a modest start to 2013. Expect 2013 GDP growth of 2.5% along with moderately improving economic conditions and modest improvement in unemployment rates. Stock markets continue to track upward, although fiscal uncertainty and “kick-the-can-down-the-road” legislation will make them volatile.

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September 2012 Economic Overview

Posted on 09/28/2012 in Construction, Economic Overview, Engineering, Utility - 0

Overall anemic growth and perception of general economic weakness; pockets of prosperity for contractors by geography and work type including high percentage growth in residential and energy construction; 12-24 month environment will be volatile and exhibit low to moderate growth; limited legislation or political activity until post election. European Euro and financial issues along with Middle East represent external risks to U.S. economic health.

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American Exceptionalism as Published by Water Utility Infrastructure Management Online

Posted on 05/16/2012 in Economic Overview, Utility - 0

The next era of “American Exceptionalism” hinges upon clean water access and effective wastewater management. America’s prosperity is based in part upon the leadership demonstrated by forward thinking capital asset owners, American entrepreneurs and farsighted government leaders in the water, wastewater and sewer markets. Will we enter the next generation of “American Exceptionalism” or fall behind competing nations?

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