Keeping up the Pace

Despite national concerns about a downturn in the construction industry and a strained workforce, contractors throughout the Lone Star State remain busy and optimistic about 2008.
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Tough Choices Ahead

The year 2008 promises to be a difficult one for the Texas Department of Transportation. Despite an increasing need for infrastructure repair and maintenance and for construction and improvement of roads to alleviate congestion, TxDOT will have a significantly smaller road project budget in this fiscal year.
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Sobering Up in ’08

A year ago, many industry observers forecasted that construction starts after years of record highs were headed for a slight cool-down in 2007. After peaking at $682.5 billion in 2006, the slumping residential market was expected to drag total construction starts down. Current data suggest that the 2007 market correction was even deeper than predicted with overall declines expected to continue through 2008. Full Strory >>
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