North American Project Spending Index Up 2.84% in January, an Industrial Info News Alert

SUGAR LAND, Texas, Feb. 22, 2019 /PRNewswire/ -- Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info's North American Industrial Project Spending Index, which measures the value of active projects in the pipeline for the year, registered a 2.84% increase in January. The index totaled $677.1 billion, up more than $18.7 billion from the total in January 2018.

The Project Spending Index is a monthly indicator that compares planned industrial project spending for the current year to the previous year in order to get a measure of growth or contraction in the industrial market.

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 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.

Brian Ford

(713) 980-9393

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SOURCE Industrial Info Resources, Inc.

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