Industrial Info Resources' Market Outlook Will Highlight Spending Trends in U.S. Northeast and New England

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Event announcement from Industrial Info Resources (Sugar Land, Texas)--Industrial Info is pleased be hosting our 2012-13 Market Outlook at the Hilton Parsippany, in Parsippany, New Jersey, on September 20, 2012. The presentations will focus on project spending activity and market trends in the U.S. and Canada, with special emphasis on the U.S. Northeast and New England market regions. Industrial Info is currently tracking over 1,300 active capital and maintenance projects worth more than $137 billion that are under way or are planned to kick off in these regions.

Industrial Info's experts in the Power, Oil & Gas, Metals & Minerals, Petroleum Refining, Chemical Processing and Pharmaceutical & Biotech industries will discuss strategic trends and spending forecasts. The chart at right (click to enlarge) shows the $137.7 billion in active projects for these industries being tracked by Industrial Info in the Northeast and New England.

For the next 12 months (Aug. 2012 through July 2013), Industrial Info is currently tracking more than $9 billion in planned Power Industry project starts, as well as Pharma-Biotech Industry projects worth more than $5 billion.

While 2011 showed significant year-over-year growth in project spending, growth in 2012 is declining. The year-over-year rate of growth, while still positive, has gradually tapered off in the first six months of 2012. Our industrial market outlook will help explain some of the movement that we're seeing in these industries.

This complimentary event will begin at 3:30 p.m. Attendance is limited and requires an RSVP. After the industrial market briefings, a special "meet and greet" session will be held, allowing you get to know others in your industry and related industries. Drinks and hors d'oeuvres will be served. Click here to secure your place at this special event.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.