Industrialinfo.com Releases 2004 Global Industrial Outlook, a Focus on Industry Today

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Industrialinfo.com (Industrial Information Resources, Incorporated; Houston, Texas) will highlight the release of its 2004 Global Industrial Outlook on Industry Today Monday, November 3. Special guests for this segment of Industry Today will include Mike Bergen, VP & Chief Research Officer and Trey Hamblet, VP & Chemicals Group Manager both previewing the significant changes and enhancements to this year's edition of the Industrial Outlook.

According to the outlook, nine industries will experience single digit growth (1.1% - 8.2%) for capital and maintenance spending in 2004. The Pharmaceutical & Biotech industry takes the lead with an estimated $17.2 billion in active capital projects representing an 8.2% increase from previous year activity. This marks several consecutive years of strong growth for the pharmaceutical & biotech industry.

After coming off a record-breaking year for capital spending, the power industry will decline by 10%, showing the largest decrease in spending. The decrease in spending is largely due to cancellation of many capacity addition projects and the decline in wholesale electric prices.

Every year, thousands of industrial leaders, contractors, vendors and plant owners anticipate the release of Industrialinfo.com's Global Industrial Outlook. The 2004 Global Industrial Outlook provides users with new and enhanced tables and graphs providing summaries and analytics of active projects by market region with downloadable images for use in external documents or presentations. Detailed spending trends are provided in easy to read and interpret narratives covering the most significant trends influencing spending in each of twelve industries; power, oil & gas terminals, oil & gas transmission, oil & gas production, synfuels, petroleum refining (HPI), chemical processing (CPI), metals & minerals, pulp & paper, food & beverage, industrial manufacturing, and pharmaceutical-biotech.

The 2004 Global Industrial Outlook features quarterly updates; including spending projections comparing capital and maintenance spending by month, market region and industry. These updates provide detailed comparisons of plant startups and closures for the previous quarter and projections both by market region and industry, economic indicators including GDP, durable goods, unemployment, capacity utilization and much, much more.

Major market trends are provided in seven different categories; Consumer Trends, Economic Trends, Corporate/Plant Trends, Environmental Trends, Deregulation/Regulatory Trends, Business Trends, and Outsource Trends. Each of these categories focuses on very specific portions of industry and provides vital statistics to analyze future spending trends.

Discover what capital and maintenance dollars your primary industries will be spending in 2004. Don't miss this very informative half hour show. Join Crazy Al, Mike Bergen and Trey Hamblet by Clicking Here anytime to hear the archive of this informative show.