SOURCE: Industrial Info Resources

Industrial Info Resources

November 24, 2010 05:40 ET

Rail, Semiconductors and Automotive Sectors Drive First-Quarter 2011 Spending for U.S. Industrial Manufacturing Industry, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - November 24, 2010) - Researched by Industrial Info Resources (Sugar Land, Texas) -- After taking such a significant fall during the recession, recovery has been slow to develop within the Industrial Manufacturing Industry in the United States. Spending in 2010 began slow and did not ramp up until the year was almost over. Because of the recession, companies have been forced to take a very cautious approach to spending and are only now beginning to feel comfortable with increasing their expenditures. After a solid fourth quarter in 2010, the Industrial Manufacturing Industry is building on its successes and, thanks to the rail and semiconductor sectors, is expected to see strong spending during the first quarter of 2011.

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