ECM Buyers' Guide

Public Construction Projects Continue to Weather the Financial Storm

The residential housing market has carried the burden for the majority of the construction industry during the recession, as public projects have struggled to keep pace. In many cases, however, it hasn't been for a lack of need. Take, for example, public school construction. Studies conducted by the National Education Association have revealed billions of dollars are needed for school modernization, and a recent report titled “The 2003 - 2004 U.S. Markets Construction Update” from FMI, a Raleigh, N.C.-based market analysis group, finds that enrollment in U.S. schools will peak in the next two years, potentially setting the ...

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