Distributors focused on residential construction markets have had to find ways to adapt to the relatively nonexistent new housing market over the past year. Joe DeAngelo, CEO of HD Supply, told me in a recent interview that he credits his company’s exposure to diverse markets as reason it’s managed to stay afloat in current conditions.
 
But those diverse markets are starting to feel the pinch, as well. Infrastructure projects, which DeAngelo refers to as having endless critical demand,”are starting to fall off. According to a recent article in the Wall Street Journal, cash-strapped cities like Philadelphia, Phoenix and Atlanta are requesting money from the federal bailout plan to help fund …