With the economic slump battering tax receipts, state budgets remain in dire shape and the pain may continue into fiscal years 2011 and 2012, according to preliminary findings from the National Governors Association and National Association of State Budget Officers. Photo: National Governors Association NGA's Scheppach says states will feel biggest impact of slump two years after recovery starts. The groups on Nov. 12 released preliminary findings from their next biannual Fiscal Survey of the States, due out soon. Scott Pattison, executive director of the budget officers' group, says that for fiscal 2009 and 2010 "We are seeing the worst
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.