All four of the indices dropped slightly for the month, but remained above 50, the index level indicating expansion or growth. General Business Conditions fell 3.4 points to 57.1; Quotations dropped 0.4 points to 59.6; Shipments dropped 0.8 points to 52.5; and New Orders fell 2.7 points to 59 points.
PMMI Business Conditions Index update
The packaging machinery sector continued a pattern of strength during Feb. according to the Packaging Machinery Manufacturers Institute’s (Arlington, VA) Business Conditions Index.
Feb 28, 2003
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