According to PMMI, an index exceeding 50 indicates expansion; below 50 signals a slowdown in activity. Additional details are available at www.pmmi.org.
Companies in this article
BUSINESS INDEX IMPROVES
PMMI’s Business Conditions Index showed that the packaging machinery sector improved during the Nov. 15 - Dec. 20, 2002 time period. Specifically, shipments rose 16.7 points to 69.9; new orders were up 2.3 points to 63.2, general business conditions declined 2.8 points to 57.6, while quotations fell 20.9 points to 54.8, following a record high mark of 75.7 after the Pack Expo International trade show.
Jan 31, 2003
Recommended
Recommended
Recommended
Sponsor Content
Machinery Basics
Annual Outlook Report: Workforce
Hiring remains a major challenge in packaging, with 78% struggling to fill unskilled roles and 84% lacking experienced workers. As automation grows, companies must rethink hiring and training. Download the full report for key insights.
Download Now
Annual Outlook Report: Sustainability
The road ahead for CPGs in 2025 and beyond—Packaging World editors review key findings from a survey of 88 brand owners, CPG, and FMCG readers.
Download Now
