EXCLUSIVE: Underground Construction’s 12th Annual Municipal Survey: Year of Hope and Caution

Recession Causes Budget Concerns While Stimulus Stirs Excitement, Potential Windfalls
February 2009 Vol. 64 No.2

Getting a firm handle on 2009 spending can be frustrating. But while spending plans are somewhat reduced for cities in 2009, the market is still among the most stable industries in the country. Public works spending will be maintained at historic levels. Depending upon the actual distribution of stimulus funds, for those contractors and suppliers who maintain a proactive market presence, the last quarter of the year could begin to see a substantial increase in business opportunities that will carry forward through 2010.