Faced with some of the worst shortfalls on record, state budgets nationwide may not see full recovery until 2011, a new report says. The biannual “Fiscal Survey of States,” released on June 4, shows states’ total spending is expected to dip by 2.2% in fiscal 2009 and 2.5% in fiscal 2010. “These are some of the worst numbers we’ve ever seen,” says Scott Pattison, executive director of the National Association of State Budget Officers, which released the survey with the National Governors Association. Thirty states are expected to end fiscal 2009 with budget shortfalls, and another 35 could be in
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.