SOURCE: Industrial Info Resources

September 29, 2009 07:01 ET

North America Industrial Spending Continues Decline in August 2009, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - September 29, 2009) - Researched by Industrial Info Resources (Sugar Land, Texas) -- In August, the value of active industrial projects scheduled to begin construction in 2009 in North America declined for the ninth consecutive month to $199.34 billion, according to Industrial Info's North America Industrial Spending Index. The decline is indicative of the slowdown of construction starts that the industrial sector has experienced since the economy hit the skids and companies began to scale back capital spending plans in 2008.

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/showNews.jsp?newsitemID=150616, 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 related markets. For more than 26 years, Industrial Info has provided plant and project opportunity databases, market forecasts, high resolution maps, and daily industry news. For more information send inquiries to industrialmanufacturing@industrialinfo.com or visit us online at www.industrialinfo.com.

Contact Information

  • Contact:
    Joe Govreau
    713-783-5147