North American Project Spending Index Remains in Negative Territory, but Signs of Improvement Ahead

SUGAR LAND--January 26, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Putting it extremely mildly, last year's North American project spending was a disappointment. Industrial Info's North American Industrial Project Spending Index, which measures the value of all active projects in the pipeline for the year on a monthly basis, showed year-over-year spending drops for 11 out of the 12 months of 2020. Only January 2020 registered in positive territory, with a 1% increase. Within this article: Industrial Info's North American Industrial Project Spending Index, North American Spending Gap Index and North American Construction Starts Index