Engineering and design-build firms see no growth in 2009 and may be optimistic in predicting a 6% revenue rise next year, according to a survey of about 200 company chief executives’ sample comments at an Oct. 22 meeting in New York City.
The CEOs, whose firms had $79 billion in 2008 revenue, cut by one-fifth their prediction made last year of 2009 profit growth, but it still averaged 10%, says the survey by Environmental Financial Consulting Group, a New York City financial advisory firm.