SOURCE: Industrial Info Resources

May 14, 2008 06:00 ET

U.S. Industrial Manufacturing Spending Down 75% From Last Year, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - May 14, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Throughout 2007, spending in the Industrial Manufacturing Industry in the United States was booming. Billions of dollars were being invested in upgrades, expansions and grassroot facilities across the country and across the wide breadth of sectors the industry covers. Then, the housing market crashed, followed by rising oil prices and a faltering economy.

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Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services. For more information send inquiries to industrialmanufacturing@industrialinfo.com or visit us online at www.industrialinfo.com.

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