Machinery Still Revs the Economy, But Logistics and Life Sciences Are Where the Growth Is

9 Apr 2021

Judging by the number of e-commerce and health-related facility investments all around us in this pandemic year, you’d expect those categories to vault to the top of any global ranking by industry sector.

They didn’t quite reach the summit, but logistics (+19.3%) and life sciences (+12%) show the biggest — and only — growth rates among the Top Industries of 2020, as judged by the number of projects tracked by NAICS code in the Conway Data Analytics Database. The database since the 1980s has tracked facility investments by corporate end users across all world geographies and all industry sectors.

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