SOURCE: Industrial Info Resources

Industrial Info Resources

August 09, 2011 06:45 ET

Rail Projects Drive $15.8 Billion of Fourth-Quarter Construction Starts, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Aug 9, 2011) - Researched by Industrial Info Resources (Sugar Land, Texas) -- For the U.S. Industrial Manufacturing Industry, 2011 has been an odd year for project spending. Typically, better weather conditions across the country cause spending to rise in the second and third quarters, while spending at the beginning and the end of the year is slower, due to winter weather. However, in 2011, this trend has been reversed. The year began with a significant spending spree in the first quarter and began to slow in both the second and third quarters. Looking ahead at the projects currently scheduled for construction starts in the fourth quarter, several rail projects are expected to drive fourth-quarter spending in the U.S. Industrial Manufacturing Industry above the $15.8 billion mark, a significant improvement over traditional fourth-quarter spending totals.

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