Storm Water Solutions just released its sixth-annual State of the Industry report, which collects data from a survey of randomly selected readers and breaks it down into trends for the current year and forecasts for the next.
Budgets—always at the forefront of everyone’s minds—show a slight uptick on the lower end of the scale: Forty-five percent of you are working with a budget of $100,000 or less—fewer than last year, when 55% of respondents said that was their budget. There also was budget growth in the middle of the scale—between $100,000 and $999,999—but fewer respondents than in 2013 are operating with million- or multimillion-dollar budgets.
New construction and upgrades are in the works for many respondents, with 44% planning new construction in the next two years and 37% planning upgrades within the same time frame—both up from last year, as well as 2012. Thirty-nine percent and 42% of respondents had plans for new construction in 2012 and 2013, respectively, and the current number for 2014 shows a slow but steady growth in the available funding and staffing for new projects.
Find more info on the 2014 State of the Industry report by checking out the 2014 Source Book, and look for future e-newsletters with Web-exclusive info on the report.