«
»

Stimulus Package to Support Infrastructure Projects

Our annual “State of the Industry” issue publishes during an important time in history. With financial uncertainty in a turbulent global market, and in light of a change in U.S. presidential administrations, experts in the pump industry still find reason for optimism and approach current economic challenges as business opportunities.

Even though the optimism is a bit gentle, our expert “Executive Insights” panel of top industry leaders is particularly candid this year and provides a detailed analysis of trends, issues and strategies for 2009. Read the entire report beginning on page 24 of the January issue and let us know your thoughts.

Meanwhile, an issue that will certainly be discussed during 2009 is the stimulus package proposals in response to President-elect Obama’s goal of creating 2.5 million jobs by 2011.

The U.S. Conference of Mayors released a report on December 8 (the same week we went to press with this issue of P&S) listing 11,391 “ready-to-go” infrastructure projects in 427 cities in search of economic stimulus funding. “Ready-to-go” in this report means implementing the projects quickly in 2009 with a goal of completing them in 2010.

This 803-page report documents 2,536 water and wastewater projects valued at $15.4 billion for a total of 133,193 jobs.

In the coming months, there will be much water-cooler conversation within our industry about this topic, and Pumps & Systems will be covering it in print and online. We would like to hear from you about this as we anticipate much debate. There are many ways for your opinions be heard. Contact me directly or visit our online forum—PumpChat. In addition, we now have an online social networking community—PumpConnect—which is a Facebook-type format and the perfect place to express your views on this and other topics.

Happy New Year!

This entry was posted on Monday, December 29th, 2008 at 12:42 pm and is filed under Michelle Segrest Blog. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “Stimulus Package to Support Infrastructure Projects”

  1. John Langford Says:
    December 30th, 2008 at 12:47 pm

    Michelle, great blog! We need more encouragement and hope for 2009 and beyond. Keep up the good work!

  2. John Langford Says:
    December 30th, 2008 at 5:13 pm

    Michelle, Thanks for some positive information going into 2009, it is refreshing to hear encouraging news rather than doom and gloom all the time.

Leave a Reply