Manufacturers Survey: Capital Expenditures Expected to Drop 2.5% in Next 12 Months
Attachment: Manufacturing
SUGAR LAND--May 29, 2020--Researched by Industrial Info Resources (Sugar Land, Texas)--Respondents in a new survey conducted by the National Association of Manufacturers (NAM) expect to see a 2.5% decline in capital investments during the next 12 months, the worst reading since first-quarter 2009, the association said Thursday.
Industrial Info is tracking more than $355 billion worth of active manufacturing projects in the U.S., including $12.4 billion that have been impacted by the COVID-19 pandemic.
Within this article: Latest NAM survey results.
