Post 1Q06 Review Indicates Slight Drop in 2006 Industrial Manufacturing Industry Spending in the U.S., An Industrial Info News Alert
Posted on: Friday, 28 April 2006, 06:00 CDT
Researched by Industrial Info Resources (Sugar Land, Texas). As we entered 2006, preliminary capital and maintenance spending estimates for the year indicated that the Industrial Manufacturing Industry was expected to top $47.6 billion in total expenditures by year's end in the United States. Now that the first quarter of the year has come and gone, a reexamination of the spending numbers for the balance of the year for the industry show a slight downturn in overall spending.
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Source: Business Wire
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