The top 5 industrial sectors with the greatest number of projects for January 2022 include:
It resulted in the following project types:
The industrial food and beverage capital projects increased by 24% YOY. 6% greater than 2020.
The industrial sector only had a 1% decrease between 2020 and 2021. 2020 dropped by 14% in comparison.
In healthcare, expansion was the big story in 2021 brought on by the pandemic. Since then, a 26% drop in January 2022.
Construction decreased in Jan 2022 vs January 2021 by 18%.
Pharmaceutical increased by 56% over January 2021. In reviewing January 2020, a decrease of 29% was shown.
Active Projects by Industry
Wisconsin: Food & Beverage produced 5 industrial projects.
California: Pharmaceutical produced 8 industrial projects with renovations taking the lead.