SYS-CON MEDIA Authors: Doug Masi, Mat Mathews, PR.com Newswire, David Smith, Tim Crawford

News Feed Item

U.S. Automotive Sector Begins 2013 With $1.2 Billion in Planned Construction Starts, an Industrial Info News Alert

SUGAR LAND, TX -- (Marketwire) -- 01/18/13 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Worries about the economic effects of the "fiscal cliff" have caused some businesses to pull back on spending and expanding. Spending in capital goods, excluding defense and aircraft purchases, fell sharply throughout 2012, with only a slight rebound due to a pending tax break for business purchases. Nevertheless, the U.S. automotive sector is expected to see tremendous growth in 2013. Industrial Info is currently tracking $1.2 billion in new construction starts scheduled to begin in the sector this year.

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/showAbstract.jsp?newsitemID=232713&refer=mw, or browse other breaking industrial news stories at www.industrialinfo.com.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, 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.

Add to Digg Bookmark with del.icio.us Add to Newsvine

Contact:
Joe Govreau
713-783-5147

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.