U.S. Industry Quarterly Review: Industrial Outlook

October 2002
U.S. Industry Quarterly Review: Industrial Outlook;2002 4th Quarter, p1
Industry Profile
Industry Overview
The article presents information about the industrial sector in the U.S. as of October 1, 2002. Comparative study of the various industries is presented. Even after a robust 2001, the producers of turbines and turbine generator sets saw the second-fastest growth, in terms of output, during 2002. Power outages on the West Coast during 1999/2000 and concerns that there will be a national electricity shortfall stimulated major interest in expanding power generating facilities. Even though spending on traditional capital equipment is not expected to grow until the end of 2003, investment in high-tech equipment has been riding the front edge of the recovery. As a result, the computer industry, ranked third, has been the primary recipient of the 2002's healthy growth in specialized investment.


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