The $884.5-billion economic stimulus bill now being debated in the Senate and an $819-billion version passed by the House should be called what they are: the largest government spending bills in U.S. history. The bills are not a pure stimulus but rather piles of money thrown at things that Congress seems to debate every year, now cloaked with the seemingly beneficial argument that the federal government is doing something good for the economy. There are many things that good government policies can do, like creating a positive environment for all business activity or identifying and executing public-works projects necessary for
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.