Firm leaders are optimistic that the engineering market will improve over the coming year. Market expectations for one year from today rose a hefty 6.2 points to 63.3, the largest quarter-over-quarter increase since the EBI’s inception. “Things are very good for our transportation infrastructure firm and we expect it to continue as awareness increases that we need to address it,” said one respondent. A member in Colorado said, “Market conditions improved in our area in the last three years and remain very strong.” One area of concern continues to be softness in the energy-producing states. “Wyoming’s economy is significantly down due to coal, oil, and natural gas sales declines,” said a respondent. “Nearly all infrastructure funding derives from state taxes on those industries, thus our outlook is less optimistic.”
View this complete post...
RSS Feed