North American Industrial Project Spending at 12.73% Growth for 2010

SUGAR LAND--October 12, 2010--Researched by Industrial Info Resources (Sugar Land, Texas)--In September, the North America Industrial Project Spending Index reached its highest growth rate since November 2008. Currently, the North American industrial market is experiencing growth of 12.73% based on industrial projects that are starting construction this year, compared to the same month last year. Advancing industries include Power with 54.1% growth, Oil & Gas Transmission with 109.1% growth, Oil & Gas Production with 155% growth, Chemical Processing with 65.2% growth, Pulp & Paper with 122% growth, and Food & Beverage with 25.7% growth.