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Last Update: August 17, 2020

Global Industrial Outlook

Welcome to the 2020 Global Industrial Outlook, researched and written by the industry experts of Industrial Information Resources (IIR). Here you will find a wide range of information, specific to each of our twelve industry segments, that is broken out into North American & Global regions.

Switch to Global Spending
Industry 2019 2020 Forecast Change in TIV % Change
3Q Update Now Posted: IIR's spending forecast has been updated in this release that's reflecting a two-month period of gathering intelligence from plant owners and how the pandemic has impacted plant operations and spending (Read More About the Model). In addition to the update on the spending numbers, our research teams have updated each industry section with an assessment of the COVID-19 impact.

This Outlook provides an in-depth analysis of the 12 industry segments, which includes major project spending statistics by industry, market region, and budget type (capital versus maintenance activity). Spending statistics are derived from actual projects tracked by IIR.

In addition to this multi-faceted numerical data, you will also find an overall industry assessment that digs deeper into the micro- and macro-economic reasons for the current state of development of each industry. These industry assessments will provide a clear window into the major drivers and market trends for each segment, providing you with the forward-looking information you need for 2020.

COVID-19 Response

Current United States Economic Indicators
2Q 2nd Est - 2020
GDP
-31.7%
August 2020
ISM
56%
August 2020
Unemployment
Rate
8.4%
July 2020
New
Orders
6.4%
August 2020
Industrial
Production
0.4%
August 2020
Capacity
Utilization
71.4%
More Indicators: Construction Spending  |  Consumer Price Index  |  Oil & Gas Inventories  |  New Home Sales  |  New Vehicle Sales Last Updated: 9/17/2020