SOURCE: Industrial Info Resources

January 25, 2008 07:01 ET

North American Industrial Project Spending Index Ends 2007 on High Note, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - January 25, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- According to Industrial Info's North American Industrial Project Spending Index, industrial project spending spiked up to 31.24% growth in December 2007 after four consecutive months of declining growth, which saw the index decline from 40.45% in July down to 22.4% in November. The North American Project Spending Index is a monthly indicator, comparing the total investment value of the current year to the previous year based on actual project construction starts, in order to get a measure of growth or contraction in the industrial market.

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