Webinar in Review: North American Industrial Manufacturing Industry Spending Strong Despite Trade Wars
Attachment: North American Industrial Manufacturing Projects, Planning and Engineering Stage
SUGAR LAND--April 16, 2019--Researched by Industrial Info Resources (Sugar Land, Texas)--One of the larger issues surrounding the U.S. Industrial Manufacturing Industry is the trade war with China, and perhaps a future drive for tariff increases with the European Union. In spite of this, Industrial Info's vice president of research for the Industrial Manufacturing Industry, David Pickering, expects spending in the industry in 2019 to be up from 2018. Pickering said, "The trade war is not having a detrimental effect right now. That could certainly change at the drop of a hat if the negotiations...take a bad turn." However, said Pickering, the industry remains incredibly healthy when it comes to spending.
