PCCA Journal|1
st
Quarter 2010
16
ing, Okla. The Illinois leg is complete, and work is progressing on
the Oklahoma leg.
17
Communications
FMI forecasts 2009 will close with communication construction
spending down 35 percent, as compared to 2008 (Exhibit 10). This
drop of nearly $9 billion in put in place work is not unexpected
and is projected to continue into 2010 with an additional drop of 9
percent. As we discussed in last year’s utility construction outlook,
these relatively wild swings in communications-related spending
are not unexpected as the communications market tends to amplify
broad economic swings because of the quick-turn and fast-pace of
many communications infrastructure projects.
Mobile infrastructure will likely lead the way as communication-
related construction looks to rebound. According to a new report
by ABI Research
18
, even under the worst recovery scenarios mobile
service revenues should continue to grow at roughly 1.2 percent
annually through 2014.
19
Even communications construction growth
Market Forecast
Continued from page 15
Continued on page 18
2010 PCCA Mid-Year Meeting, July 7 - 10
The Lodge at Torrey Pines, La Jolla, California