SOURCE: Industrial Info Resources

Industrial Info Resources

February 07, 2011 05:20 ET

Consumer Debt, Government Deficits and Consumer Confidence Hold the Key to Speed of U.S. Economic Recovery, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - February 7, 2011) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- The North American industrial economy continues to grow slowly, and the economy will continue "to go sideways" until business leaders see improvements in consumer confidence, consumer debt, and government spending, Michael Bergen, Industrial Info's executive vice president for marketing and forecasting products, told about 450 attendees at the 2011 Industrial Market Outlook executive briefing in Houston on February 1.

For more information about U.S. economic growth, see the Industrial Outlook article in the January 2011 NavigatIIR, IIR's forecasting and analytics customer newsletter.

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/showNews.jsp?newsitemID=173120, or browse other breaking industrial news stories at www.industrialinfo.com.

Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. IIR's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. For more information send inquiries to industrialmanufacturing@industrialinfo.com or visit us online at www.industrialinfo.com.

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