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The packaging machinery sector showed continued strength in February, though its level of expansion declined slightly. That’s according to the Packaging Machinery Manufacturers Institute’s Business Conditions Index.

An index level exceeding 50 indicates expansion, while a number below 50 shows a slowdown in activity. In February, general business conditions fell 3.4 points to 57.1; quotations dropped 0.4 points to 59.6; shipments declined 0.8 points to 52.5; and new orders fell 2.7 points to 59. For more details, call PMMI at 703/243-8555.

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