Equipment Type

Status and Forecast

Manufacturing-construction spending has improved for four months. The continuing declines in factory employment suggest that the construction activity is still largely renovation.

January 01, 2005

Manufacturing-construction spending has improved for four months. The continuing declines in factory employment suggest that the construction activity is still largely renovation. Significantly more capacity-addition projects are expected by spring, when factory capacity utilization nears 80 percent, which could set off a surge in construction that will persist for several years. Even so, it will stop well short of the peak level in the late 1990s.

Manufacturing-Construction Spending
For the complete Economic Forecast, visit
ConstructionEquipment.com.

More like this

Comments on: "Status and Forecast"

Overlay Init