The last two years have been difficult for many companies in the Industrial Manufacturing Industry in the United States. During that time, the industry has seen spending decline steadily because of the recession, an automotive sector in disarray, the housing market collapse, and shaky financial stability. Companies have not been willing to invest capital funds until the situation in the U.S. is somewhat stabilized. Entering 2010, that will continue to ring true within the industry, as companies in most sectors are taking a very cautious approach to start the coming year. Industrial Info is tracking only 82 capital and maintenance projects in the Industrial Manufacturing Industry that are scheduled to begin construction in the U.S. during the first quarter of 2010 with an estimated value of $2.9 billion.
Source: Industrial Info