The State Capital Program Forecast - 2008

States are going through turbulent times as they weather the many factors impacting their capital improvement programs. Those who serve state departments of transportation (DOT) as contractors, engineers, or suppliers are, of necessity, in a position where they need to assess what the future holds in key markets of their business. The State Capital Program Forecast - 2008, published by The Tom Warne Report, offers our best insights into how each state will fare in the coming years. Using over 30 data inputs and detailed analysis, this report offers a glimpse into the future - so that business plans can be developed and executed in a way that maximizes profitability.

The State Capital Program Forecast - 2008 offers users the value of Tom Warne's nearly 30 years of deep involvement in the transportation industry at the state and national levels and his unique insights into the factors that influence state capital programs. While no single factor can reliably be used to predict the future, the combination of key indicators and Tom Warne’s vast experience offers this "one of a kind" insight into what the future might hold for this industry.

The report is divided into three sections: (1) First, the prospects of federal funding and how the state might fare in the next few years and over the long-term. (2) The second section will examine the state of the state’s budget and other factors at the local level that might influence future revenues and, ultimately, the size of their capital program. State performance is compared to national trends and comparisons offered where appropriate. (3) Finally, a bottom-line prediction on the future of the state’s capital program will be offered based on the combination of all factors considered.