IIR North America Project Spending Index up 16%: Food & Beverage Industry Continues to Shine

SUGAR LAND--August 12, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Project spending in North America was $440.17 billion in July, up 16% from a year earlier, marking the seventh month of consecutive year-over-year increases as the economy continued its climb from last year's COVID-induced downturn. according to the most recent update of the North American Industrial Project Spending Index. Increases were seen in all but three of the 12 industries tracked by Industrial Info.