SOURCE: Industrial Info Resources

Industrial Info Resources

May 12, 2011 06:15 ET

Great Lakes Region Schedules $11.4 Billion of Construction Starts in Third Quarter, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - May 12, 2011) - Researched by Industrial Info Resources (Sugar Land, Texas) -- The last several years have been somewhat topsy-turvy for the U.S. Great Lakes region. The collapse of the automotive sector, followed immediately by the nationwide recession, gave the region a solid one-two punch in the gut from which the region is only now beginning to recover. Companies closed plants left and right in the region, and tens of thousands of jobs were lost. However, spending has slowly been picking up in recent months as companies are investing in the region again, now that the economy is improving. For the upcoming third quarter, the Great Lakes region currently has $11.4 billion in construction starts planned, a continuation of the solid spending the region has seen in the previous two quarters.

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