North America Pipeline Spending Dips as Industry Sees Downside of Recent Building Boom
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SUGAR LAND--November 11, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--With a few exceptions, Industrial Info's North American Industrial Project Spending Index has shown increased project investments each month this year, as the economy has slowly recovered the effects of the COVID-19 pandemic and low oil and gas prices.
One of the exceptions is spending on oil, gas and liquids pipelines, which has seen year-over-year increases for only two months so far this year.
Other companies featured: Enbridge Incorporated (NYSE:ENB), TC Energy Corporation (NYSE:TRP)
