Ask economists, technology pundits and futurists to name a short list of industrial superstars for the coming years. Site Selection did, and it seems chips invariably float to the top of the pool.
In addition to computers, high-tech superstars likely will include medical equipment and instruments, electrical components (including semiconductor chips) and accessories, communications equipment, consumer ophthalmic goods and drugs. Other high-growth industries: miscellaneous printing, miscellaneous plastics and railroad equipment. While aerospace is expected to run real annual growth at 2.2 percent during the next decade, the U.S. motor vehicle industry likely will lag at just 1.6 percent. Among nondurable industries, the fastest-growing are projected to include paper and allied products, printing and publishing, chemical and allied products and rubber and miscellaneous plastic products. Information technology likely will continue to be a heavy hitter, with double-digit growth expected from satellite commerce, data processing, electronic information services and pre-recorded music, followed closely by computer professional services, cable television and telecommunications services. |
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