If you really listen to the reports on the news and read enough trade magazines you"ll see that the economy screwed up mainly in the housing sector. When it comes to "infrastructure" projects such as water and sewer and road building it"s still mostly on track. Too the commercial and medical side of things isn"t doing all that bad either with hospital related buildings (medical villages they call them around here) and strip malls going up everywhere.
I see the all of this everyday within 10 miles of my house. There are several large housing development sites that are like ghost towns, There are some that never got beyond the underground utility stage and then some with maybe one or two houses with people living in them and a club house that"s not finished, unpaved roads washed out, etc etc. Then a few miles away there is fresh ground being cleared for a new strip mall (retail space), a Presbiterian Healthcare "medical village", and a few more miles from that a new grocery store and another "medical village" for another hospital.
What I can"t understand about this is with the economy so tanked where are we gonna find the money to spend in these new malls. I can understand the hospital building since I know the medical field is always gonna be booming. Heck they have a pill nowdays to "cure" everything but being broke from buying all those pills, etc. and even lacking a cure they probably have something to make you just not care that your broke....
Like you said I see the bad economy in the slowdown of our business (construction equipment repair) due to fewer machines working and breaking, as well as in the ability of the people we do work for to pay their bills due to lack of being paid themselves from the primary contractors. Beyond that though things don"t seem as bad as they make them out to be on the nightly news.
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