North America Pipeline Spending Dips as Industry Sees Downside of Recent Building Boom

SUGAR LAND--November 11, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--With a few exceptions, Industrial Info's North American Industrial Project Spending Index has shown increased project investments each month this year, as the economy has slowly recovered the effects of the COVID-19 pandemic and low oil and gas prices. One of the exceptions is spending on oil, gas and liquids pipelines, which has seen year-over-year increases for only two months so far this year. Other companies featured: Enbridge Incorporated (NYSE:ENB), TC Energy Corporation (NYSE:TRP)