Design Firm Management & Administration Report

Industrial Project Spending Grows & Community Development Surges, Construction Spending Declines

The April 11 issue of Industrial Info Resources reported that spending for industrial projects is up 21 percent through March of this year, though overall growth of planned industrial projects continues to decline. Nearly $347 billion in industrial projects have been started or are scheduled to start construction this year. Most industries are experiencing growth, but oil and gas production is leading the pack with…