SOURCE: Industrial Info Resources

Industrial Info Resources

November 14, 2012 06:15 ET

Spending Among U.S. Automakers Expected to Be Slow Entering 2013, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Nov 14, 2012) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Looking ahead to what the U.S. automotive sector will do in 2013, we see that spending is expected to be slow at the beginning of the year for a variety of reasons. Industrial Info is currently tracking only 146 capital or maintenance projects worth an estimated $758 million within the automotive sector that have a planned construction start date in 2013. However, with sales consistently increasing on a monthly basis and each of the automakers increasing their projections for sales and production on a monthly basis, spending will not stay this low for long.

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