Most North American Regions Show Less Planned Spending Than Last Year, an Industry News Alert From Industrial Info Resources

SUGAR LAND, TX--(Marketwired - Apr 30, 2015) - Researched by Industrial Info Resources (Sugar Land, Texas) -- According to Industrial Info's North American Spending Index, as of March 31 there were only a handful of market regions in North America planning to begin industrial projects with a higher combined value during this calendar year than at the corresponding period of 2014. Among the regions showing year-over-year growth are the U.S. Mid-Atlantic and Southeast market regions and Mexico.

Within the Mid-Atlantic region, which includes the states of Maryland, Virginia, West Virginia and the Carolinas, there is growth within several industrial sectors. However, the prime driver of planned industrial spending growth in the region, which showed an increase of approximately $840 million from 2014, is the Power Industry, while the Industrial Manufacturing Industry and the Metals & Minerals Industry are helping drive spending in the Southeast.

For a fuller discussion of these trends, check out the most recent edition of Industrial Info's NavigatIIR online newsletter, which also discusses other North American project spending trends, new product rollouts and more.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and ten 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. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

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