Metals & Minerals Industry Continues Spending Decline in 2016

SUGAR LAND--December 27, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--According to Industrial Info's Global Industrial Outlook 2017 Global Industrial Outlook, project spending in the Metals & Minerals Industry has been in decline since 2012, as companies have pushed out larger grassroot projects and focused on optimization and cost-cutting efforts. Construction activity in the U.S. and Canada declined by 19% in 2016, compared to 2015, with the year prior having a 50% decline.