U.S. Industrial Manufacturing Project Spending Stays Strong
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SUGAR LAND--December 15, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Project spending by North America's Industrial Manufacturing sectors has maintained an upward trajectory this year, largely propelled by the U.S.'s economic recovery. Industrial Info's North American Industrial Project Spending Index shows that Industrial Manufacturing project activity increased for the 11th consecutive month this year, amounting to nearly $118 billion in November, up more than 58% over spending in November 2020. Companies featured: Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)
