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Survey: U.S. Manufacturers Predict More Capital Spending

Survey: U.S. Manufacturers Predict More Capital Spending

SUGAR LAND--April 1, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--Fueled by a wave of optimism since President Donald Trump took office, the latest quarterly membership survey by the National Association of Manufacturers (NAM) indicates more than 41.6% of the respondents anticipate capital spending to increase over the next year, with business leaders in the sector predicting 2.1% growth in capital investments, up from 1.3% in December. Industrial Info is tracking more than 1,600 active U.S. Industrial Manufacturing projects worth $88.5 billion that are expected to begin construction this year.

Within this article: Results from the latest National Association of Manufacturers survey.

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