Total U.S. Packaging Papers Shipments Up 7.2 Percent in October 2018
In October 2018, Bag & Sack shipments were up 6.0 percent year-to-date, and Multiwall shipments were up 0.9 percent.
Nov. 16, 2018 - The American Forest & Paper Association has released its October 2018 U.S. Packaging Papers & Specialty Packaging Monthly report. According to the report, total U.S. Packaging Papers shipments were up 7.2 percent compared to October 2017 and up 3.1 percent year-to-date.
- Bag & Sack shipments were up 6.0 percent year-to-date,
- Multiwall shipments were up 0.9 percent,
- Converting shipments were up 0.7 percent,
- Food Wrapping shipments were up 2.5 percent.
The operating rate for October remained essentially flat at 95.6 percent compared to 95.9 percent in September. Inventories dropped 1.2 percent since September and were 5.3 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.