Spending Down as U.S. Industrial Manufacturing Industry Completes Capital and Maintenance Projects During Q1 2008

SUGAR LAND, TX -- (MARKET WIRE) -- Apr 10, 2008 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Over the last nine months, spending within the United States' Industrial Manufacturing Industry has remained relatively steady. During the third quarter of 2007, capital and maintenance projects worth $8.6 billion were completed, and during the fourth quarter, an additional $7.8 billion in project spending was added to that total, a decline of 11.2%. During the first quarter of 2008, spending decreased once again, dropping an additional 11% to $7 billion.

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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 Email Contact or visit us online at www.industrialinfo.com.

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