Part 2: Will Water Infrastructure Spending Help the Economy?
By Mike Henley
Abstract
The jury is outラwill the heavy spending promoted by the Obama administration help or eventually hurt the economy? While politicians and economists debate the question, the likelihood is the water business will realize some help from the $7.4 billion allocated in the recent economic stimulus package. Still, the planned spending on water infrastructure is under 1% of the overall stimulus package. The current state of the water business in light of the current deep recession, and infrastructure spending were among the topics discussed at the 2009 WATER EXECUTIVE Forum, which was held here March 30-31 at the Marriott Courtyard Hotel in downtown. The sixth annual session featured 21 speakers, and a panel discussion. The May article reviewed presentations by financial experts who follow the water business. The July article will examine presentations by speakers who examined infrastructure spending and related topics related to the water business.
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