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Uncertainty continues to prevail in our industry as we enter the second month of quarter No. 2 of calendar year 2020. Our sector of the economy has, and continues to be, engulfed in a perfect storm of events.
In analyzing the savage impact of COVID-19 and its disruption to America’s economy, and peoples’ lives in general, one can’t help making comparisons with previous health disasters and their unexpected shakeup on normality in the United States and abroad.
Industrial manufacturing led the way with more than $17 billion worth of projects, followed by oil and gas production, and electric power.
May 3, 2020
Amid continued uncertainty over the long-term impact of the COVID-19 coronavirus, oil and gas prices, and the economy in general, Industrial Info Resources has tracked more than $55 billion worth of U.S. capital projects requiring pipe, valves and fittings (PVF) that were planned for completion in the first quarter of 2020.
Indicative of the virtual environment many businesses are relying on to fulfill needs, 68 percent of members in the AD eCommerce program saw an increase in customer online activity and orders in spite of the lockdowns.
Instead of providing new content only three times a year, the replacement site will be regularly updated with case studies and other information about Viega products and how they’re used by customers.