U.S. Sees More than $90 Billion in First-Quarter 2016 Project Kickoffs on Horizon

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Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info is tracking $90.85 billion in projects that are expected to begin construction in the U.S. in first-quarter 2016, with natural gas fueling almost $16 billion of the total. More than 60% of the total can be attributed to just three industries: Power, Industrial Manufacturing and Oil & Gas Production.

Texas alone accounts for $12.71 billion of the $92.42 billion U.S. total. Much of its activity is fueled by the boom in the Power, Oil & Gas Production, Petroleum Refining and Terminals industries along the U.S. Gulf Coast. For more information, see November 18, 2018, article - Texas Leads the Nation in Gas-Fired Power Development.

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, 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. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at www.industrialinfo.com.