Higher Ed holding strong in Mass.

Feeling good about the prediction in the PSMJ publication, 2009 A/E/C Firm US Market Sector Forecast, that the higher education market for AEC firms would hold steady despite the downturn and endowment losses. This after reading a February 13 article in the Boston Business Journal. (You need to be a bizjournals subscriber to read the whole thing, but you can get the gist from the first few paragraphs.)

Despite the economic challenges of the day, resulting in some delayed and canceled projects, higher ed, health care and energy still seem to be bucking the downward trend overall. With the stimulus money, public works sectors are likely to finish the year on the upswing. Other market sectors, such as single-family residential, retail, and spec office will take longer to recover.