North America Industrial Spending Continues Decline in August 2009
North America Industrial Spending Continues Decline in August 2009
Attachment: IIR North American Spending Index - August 2009
SUGAR LAND--September 29, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--In August, the value of active industrial projects in North America declined for the ninth consecutive month to $199.34 billion, according to Industrial Info's North America Industrial Spending Index. The decline is indicative of the slowdown of construction starts that the industrial sector has experienced since the economy hit the skids and companies began to scale back capital spending plans in 2008.
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