From Seeking Alpha:

The Wall Street Transcript recently interviewed Timothy M. Winter, a Senior Vice President at Jesup & Lamont Securities Corporation, on his outlook for water utilities. Key excerpts follow:

TWST: How has business been in the water utilities space through this economic downturn? I would guess it's not very sensitive.

Mr. Winter: The water utility group is among the least economically sensitive groups or sectors in the market. The bulk of retail sales and revenues are from residential customers who do not experience the economical swings in volume...

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