The fiscal year starting on July 1 will be another tough one for states, with more spending cuts expected. A new survey by the National Governors Association (NGA) and the National Association of State Budget Officers (NASBO) says one area likely to be trimmed in some states is transportation. The latest biannual NGA-NASBO �Fiscal Survey of the States,� released on June 3, says that, for fiscal 2010, which ends for 46 states on June 30, state general-fund expenditures will fall an estimated 6.8%, to $612.9 billion. For 2011, governors� proposed budgets foresee a 3.6% spending rise, but that still would
The growing need to collect, store and analyze the huge volumes of data collected from infrastructure project stakeholders is generating a new growth area for construction-sector firms, IT vendors and professionals.