New report from Engineering News Record highlights impact of recession.
Despite the fact that President Obama’s stimulus package money is now startling to trickle down to demolition and other specialist contractors, the latest Top 600 US speciality contractors report from Engineering News Record is tough reading.
For while the headline figures show that the Top 600 companies generated a 13% increase in revenue in 2008 over the previous 12 month period, there are strong and worrying suggestions that this was merely contractors clearing a backlog of work. Against this background, prospects for 2009 look bleak.
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