According to research by Industrial Info Resources, industrial project activity is higher for the first quarter of 2007 than the same period in 2006.
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Industrial project spending increased 30 percent for each month in the first quarter 2007 over 2006 levels, the research showed.
By sector, those showing the largest growth over 2006 include: Alternative Fuels, which increased 1,145 percent; Oil & Gas Transmission, which rose 212 percent; and Petroleum Refining, which increased 120 percent, the report said.
Those sectors showing negative growth over 2006 include: Oil & Gas Production, which dropped 31 percent and Chemical Processing, which slipped 22 percent, according to Industrial Info.