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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Industrial Info Resources (IIR) is the leading marketing information services company for the industrial process, heavy manufacturing and energy-related markets throughout the world. Celebrating its 25th anniversary, IIR provides accurate and timely intelligence featuring plant and project information databases, focused market databases, industry forecasting, key industry contacts, industry and territorial map products, direct marketing services and applications, and daily industry news. For more information send inquiries to metalsandmineralsgroup@industrialinfo.com or visit us at www.industrialinfo.com.

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