Together, food and beverage processors are expected to spend $2.9 billion this
year, up slightly from 2001 when overall spending decreased. PMMI’S Charles
Yuska holds out hope for a rally, “once [industrial goods companies] determine
the economy is in fact recovering and consumers will continue to support their
products.”
The PMMI survey of 409 equipment-purchaser decision-makers was conducted in
January and February.