U.S. Scheduled to See $182 Billion in Grassroot Projects Begin Construction in 2013
Posted on January 11, 2013 at 03:53 AM EST
SUGAR LAND--January 10, 2013--Researched by Industrial Info Resources (Sugar Land, Texas)--Grassroot project spending is a key aspect of annual expenditures from companies in the U.S. During the recent Great Recession, this type of spending slowed; however, in the following years, it has begun to ramp up and again become a significant factor in annual spending. While many companies have taken a more cautious approach to overall spending, grassroot projects have become vital to opening new areas of the country to production of products. Looking ahead to activity planned for 2013, Industrial Info is currently tracking 888 grassroot projects worth an estimated $182 billion that are scheduled to begin construction during the year in the U.S.