Photo by AP Wideworld Obama continues to call for more infrastructure funding, but deficit worries are likely to squeeze public works and other programs. Related Links: Democratic Party 2012 National Platform When it comes to critical issues, such as infrastructure spending and regulatory policy, construction-industry officials have a clear idea of what to expect if President Obama wins re-election. In short, they expect a second Obama administration would pursue the legislative and regulatory priorities it has followed since 2009.This déjà vu picture has a second aspect: With Republicans predicted to keep control of the House and at least narrow Democrats'
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.