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U.S. Industrial Manufacturing Spending Down 75% From Last Year, an Industrial Info News Alert

Posted on: Wednesday, 14 May 2008, 06:00 CDT

Researched by Industrial Info Resources (Sugar Land, Texas) -- Throughout 2007, spending in the Industrial Manufacturing Industry in the United States was booming. Billions of dollars were being invested in upgrades, expansions and grassroot facilities across the country and across the wide breadth of sectors the industry covers. Then, the housing market crashed, followed by rising oil prices and a faltering economy.

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Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services. For more information send inquiries to industrialmanufacturing@industrialinfo.com or visit us online at www.industrialinfo.com.

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 Contact: Joe Govreau 713-783-5147  

SOURCE: Industrial Info Resources

Source: MARKET WIRE

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