Total U.S. Packaging Papers Shipments Down 3.3 Percent in February 2019
Total U.S. Packaging Papers shipments were down 3.3 percent from February 2018 and flat year-to-date.
March 19, 2019 - The American Forest & Paper Association has released its February 2019 U.S. Packaging Papers & Specialty Packaging Monthly report. According to the report, total U.S. Packaging Papers shipments were down 3.3 percent from February 2018 and flat year-to-date. In February:
The operating rate for February decreased to 89.5 percent compared to 91.3 percent in January, while inventories remained essentially flat since January and were 3.4 percent lower than the same month last year. The complete report with detailed tables, charts and historical data can be purchased by contacting Statistics_Publications@afandpa.org. The American Forest & Paper Association (AF&PA) serves to advance a sustainable U.S. pulp, paper, packaging, tissue and wood products manufacturing industry through fact-based public policy and marketplace advocacy. AF&PA member companies make products essential for everyday life from renewable and recyclable resources and are committed to continuous improvement through the industry's sustainability initiative — Better Practices, Better Planet 2020. The forest products industry accounts for approximately four percent of the total U.S. manufacturing GDP, manufactures approximately $300 billion in products annually, and employs nearly 950,000 men and women. The industry meets a payroll of approximately $55 billion annually and is among the top 10 manufacturing sector employers in 45 states. Visit AF&PA online at www.afandpa.org or follow us on Twitter @ForestandPaper. SOURCE: AF&PA |