to upgrade the nation’s antiquated power grid. These efforts all involve a hefty electronic segment, as well as construction projects that will further fuel demand for heavy equipment.

There’s also a big investment in improving the nation’s water supply and cleaning up the associated wastewater.  $6.0 billion is provided for programs that improve the quality of drinking water and for wastewater treatment projects. Automated controls, large pumps and building construction are expected to see a lot of spending as these projects evolve.

While many observers focus on the stimulus alone, others note that the increased spending will augment an expanded federal budget. It will surpass $3 trillion next year, providing a number of programs that will continue to benefit equipment manufacturers and their customers. They also note that the reduction in spending by industry appears to have bottomed out, heralding the potential for more expansion.

For more information on the ER-679, MAPI U.S. Industrial Outlook: The Great Recession, please click here. (Please note that the 21-page report costs $50 for non-members).

* Disclaimer: Information provided about Section 179 is for informational purposes only.  Prior to making any equipment investment decisions, readers should consult with their accounting and tax professionals.