With consumers in the U.S. and abroad facing depressed home values, diminished retirement accounts and an inability to access credit, it is now clear that the current financial crisis will be followed by declining consumer demand for goods and services, falling manufacturing output and increasing unemployment. The question for the Obama administration is not whether to stimulate our economy, but rather which forms of stimulus will be the most effective. A focused, multifaceted commitment to revitalizing our nation’s infrastructure and rebuilding our engineering workforce offers an unbeatable combination. The infrastructure deficit in the U.S. is a threat to public safety
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.