Electrical contractors see market decline

Analysts are watching spending on school, hospital, and transportation construction.

07/10/2009


 

According

to a story by the Associated Press , commercial markets

for electrical mechanical contractors, particularly in the office and

hospitality sectors, remain under pressure and could continue to weaken next

year, an analyst said July 9.

Analyst

Tahira Afzal of KeyBanc Capital Markets said although public nonresidential

spending "remains largely intact as of now, we are seeing a more mixed

outlook on the institutional side."

She

said she is watching spending on school, hospital, and transportation

construction, and that slower stimulus spending is more of a concern now than a

few months ago. In addition, commercial vacancies are expected to become worse,

limiting speculative construction of offices, she said.

Read the full story.

 





Product of the Year
Consulting-Specifying Engineer's Product of the Year (POY) contest is the premier award for new products in the HVAC, fire, electrical, and...
40 Under Forty: Get Recognized
Consulting-Specifying Engineer magazine is dedicated to encouraging and recognizing the most talented young individuals...
MEP Giants Program
The MEP Giants program lists the top mechanical, electrical, plumbing, and fire protection engineering firms in the United States.
October 2018
Approaches to building engineering, 2018 Commissioning Giants, integrated project delivery, improving construction efficiency, an IPD primer, collaborative projects, NFPA 13 sprinkler systems.
September 2018
Power boiler control, Product of the Year, power generation,and integration and interoperability
August 2018
MEP Giants, lighting designs, circuit protection, ventilation systems, and more
Data Centers: Impacts of Climate and Cooling Technology
This course focuses on climate analysis, appropriateness of cooling system selection, and combining cooling systems.
Safety First: Arc Flash 101
This course will help identify and reveal electrical hazards and identify the solutions to implementing and maintaining a safe work environment.
Critical Power: Hospital Electrical Systems
This course explains how maintaining power and communication systems through emergency power-generation systems is critical.
Data Center Design
Data centers, data closets, edge and cloud computing, co-location facilities, and similar topics are among the fastest-changing in the industry.
click me