Welcome
 | 
My Account

Economic Reports

Economic Reports

Useful data to gauge the direction of the market's planned spending and factors that will influence trends in the packaging and processing industry.

Search all reports

ITR Economics Report

ITR Economics’ knowledge and accuracy lays the foundation of the information shared in this report, providing the best economic intelligence to reduce risk and drive practical and profitable business decisions for your company. The report explores the economy and growth for the next three years, and how it could impact the packaging and processing industry.

View Reports

State of the Industry

The State of the Industry provides are liable base of machinery shipment statistics that are incorporated into an in-depth report on the packaging machinery industry. The report contains the most up-to-date statistics, estimates, and analyses available on the U.S. packaging machinery industries. Most importantly, the project is structured to define the size of the total market by machinery category.

View Reports

How's Business

PMMI’s quarterly How's Business report, gives members benchmarking data on new orders, quotations, and general business conditions. The report contains several indexes that give the current state of manufacturing, including the ISM Report on Business, the Consumer Price Index, and the Producer Price Index. Together, these give members our most up-to-date information on how the industry is doing right now.

View Reports
Members-Only
FREE

Q3 2025 How's Business

October 23, 2025

How’s Business: 3rd Quarter 2025, published by PMMI – The Association for Packaging and Processing Technologies, examines current business conditions for packaging and processing equipment suppliers using quarterly survey data from late 2024 through Q3 2025 . The analysis highlights evolving demand signals from new orders and quotation activity, shifting backlog patterns, and ongoing pressures tied to late payments and supply chain reliability. Emerging patterns indicate mixed but stabilizing operating conditions, with charts showing modest easing in disruptions and heightened sensitivity to tariff-driven cost changes. Broader manufacturing indicators such as PMI, CPI, and producer pricing trends provide context for member sentiment, offering a view into how macroeconomic dynamics may shape near-term planning. The report reveals how industry leaders are interpreting these signals to navigate a cooling yet resilient market environment.

PMMI's How's Business, which gives members benchmarking data on new orders, quotations, late payments, backlog, and general business conditions.

Learn More
Members-Only
FREE

State of the Industry 2025

August 20, 2025

The 2025 State of the Industry Report, published by PMMI – The Association for Packaging and Processing Technologies, examines how the North American packaging machinery market is navigating slower investment cycles shaped by interest rates, tariff uncertainty, and shifting end-user demand. Drawing on 2024–2025 economic conditions and industry benchmarks, the analysis highlights emerging patterns across workforce development, automation readiness, digital tooling, aftermarket growth, and sustainability-driven material transitions. Trends span flexible machine design, SKU-driven complexity, rising service dependence, and selective advances in big-data applications such as predictive diagnostics. Charts throughout the report illustrate how sector-level forecasts, machine-category growth, and evolving investment priorities interact across industries. The report reveals where engineering teams are prioritizing investments to strengthen operational resilience.

The State of the Industry Report, formerly the U.S. Packaging Machinery Shipments Study, establishes and maintains a reliable machinery shipment statistics that are incorporated into an in-depth report on the packaging machinery industry. This in-depth report on the status of the packaging machinery industry contains the most up-to-date statistics, estimates, and analysis available on the U.S. and Canadian packaging machinery industries. This year’s edition also introduces forecasts for parts and services, along with a comprehensive view of 2024 imports and exports.

Learn More
Members-Only
FREE

Q2 2025 How's Business

July 28, 2025

How’s Business: 2nd Quarter 2025, published by PMMI – The Association for Packaging and Processing Technologies, examines near-term conditions shaping packaging and processing markets across mid-2024 through mid-2025 . The analysis highlights how new orders, quoting activity, late payments, backlog levels, and supply chain pressures are shifting amid geopolitical uncertainty and tariff-driven cost dynamics. Charts and trendlines indicate generally steady demand paired with softening growth rates, tightening cash-flow conditions, and re-emerging sourcing disruptions. Broader manufacturing indicators—including PMI readings, CPI and PPI movements, and a three-year U.S. macro outlook—provide comparative context for understanding where investment sentiment is stabilizing or slowing. The report reveals where machinery builders and CPGs are adapting to evolving market pressures and planning for the next phase of recovery.

PMMI's How's Business, which gives members benchmarking data on new orders, quotations, late payments, backlog, and general business conditions.

Learn More
Members-Only
FREE

2025-2027 Economic Outlook

May 21, 2025

The 2025–2027 ITR Economic Outlook Report, published by PMMI – The Association for Packaging and Processing Technologies, examines how U.S. and global economic conditions are expected to evolve through 2027, drawing on leading indicators and multi-year trend analysis . The report highlights shifting growth patterns across industrial production, inflation, labor markets, and sector demand, noting emerging pressure points such as rising input costs, tight workforce dynamics, and gradual reconfiguration of supply chains. Visual analyses within the report illustrate how consumer activity, capital investment signals, and global trade flows tend to shape near-term momentum while hinting at longer-term structural vulnerabilities. The report reveals which economic forces may most influence investment, capacity planning, and strategic risk management over the next several years.

This in-depth report analyzes the U.S. and global economic outlook from 2025 to 2027, featuring forecasts on inflation, interest rates, labor market dynamics, and sector-specific trends. Drawing from real-time indicators and long-term data, it also highlights structural vulnerabilities that could culminate in a significant economic disruption by the end of the decade. The insights are based on ITR Economics’ presentation at PMMI’s 2025 Executive Leadership Conference in Georgia.

Learn More
Members-Only
FREE

Q1 2025 How's Business

April 23, 2025

PMMI's How's Business, which gives members benchmarking data on new orders, quotations, late payments, backlog, and general business conditions.

Learn More
Members-Only
FREE

Q4 2024 How's Business

January 28, 2025

PMMI's How's Business, which gives members benchmarking data on new orders, quotations, late payments, backlog, and general business conditions.

Learn More
Members-Only
FREE

Q3 2024 How's Business

October 22, 2024

PMMI's How's Business, which gives members benchmarking data on new orders, quotations, late payments, backlog, and general business conditions.

Learn More
Members-Only
FREE

State of the Industry 2024

September 26, 2024

The State of the Industry Report, formerly the U.S. Packaging Machinery Shipments Study, establishes and maintains a reliable base of machinery shipment statistics that are incorporated into an in-depth report on the packaging machinery industry. The report contains the most up-to-date statistics, estimates, and analysis available on the U.S. packaging machinery industries. Most importantly, the project is structured to define the size of the total market by machinery category.

Learn More
Members-Only
FREE

Q2 2024 How's Business

July 24, 2024

PMMI's How's Business, which gives members benchmarking data on new orders, quotations, late payments, backlog, and general business conditions.

Learn More
Members-Only
FREE

Economic Insights for Tomorrow 2024-2025: A Changing Landscape

July 3, 2024

This report delves into the economic outlook for the mid-2020s and outlines strategies for businesses in the packaging and processing industries. It explores how technological advancements and strategic planning can address challenges such as labor shortages and inflation. Additionally, it offers insights into global economic trends and preparation for potential downturns in the 2030s.

Learn More
Members-Only
FREE

Q1 2024 How's Business

May 1, 2024

PMMI's How's Business, which gives members benchmarking data on new orders, quotations, late payments, backlog, and general business conditions.

Learn More
Members-Only
FREE

Q4 2023 How's Business

January 30, 2024

PMMI's How's Business, which gives members benchmarking data on new orders, quotations, backlog, and general business conditions.

Learn More
Members-Only
FREE

Q3 2023 How's Business

November 9, 2023

PMMI's How's Business, which gives members benchmarking data on new orders, quotations, lead time, cash flow, and general business conditions.

Learn More
Members-Only
FREE

State of the Industry 2023

September 27, 2023

The State of the Industry Report, formerly the U.S. Packaging Machinery Shipments Study, establishes and maintains a reliable base of machinery shipment statistics that are incorporated into an in-depth report on the packaging machinery industry. The report contains the most up-to-date statistics, estimates, and analysis available on the U.S. packaging machinery industries. Most importantly, the project is structured to define the size of the total market by machinery category.

Learn More
Members-Only
FREE

Q2 2023 How's Business

September 26, 2023

PMMI's How's Business, which gives members benchmarking data on new orders, quotations, lead time, cash flow and general business conditions.

Learn More
Members-Only
FREE

June 2023 How's Business

June 29, 2023

PMMI's How's Business, which gives members benchmarking data on new orders, quotations, lead time, cash flow and general business conditions.

Learn More
Members-Only
FREE

Guidance in an Uncertain Economy - Gauging the Risks Going Forward 2023-2024

June 28, 2023

In this report, we will cover the macroeconomic environment. Many of your industries will be slowing down as we go through the rest of this year, and then there will be a mild macroeconomic recession in 2024 that will impact many of your industries. Labor, interest rates, inflation and global issues will also be covered throughout this report.
Learn More
Members-Only
FREE

May 2023 How's Business

June 27, 2023

PMMI's How's Business, which gives members benchmarking data on new orders, quotations, lead time, cash flow and general business conditions.
Learn More
Members-Only
FREE

Packaging Machinery Quarterly Update 2023 Q2

June 22, 2023

The Quarterly Update to the State of the Industry will provide top-level Q2 2023 forecasts for key industry sectors, including Beverages; Food; Household, Industrial & Agricultural Chemicals; Personal Care, Toiletries & Cosmetics; Pharmaceuticals; and Others.
Learn More
Members-Only
FREE

April 2023 How's Business

May 16, 2023

PMMI's How's Business, which gives members benchmarking data on new orders, quotations, lead time, cash flow and general business conditions.
Learn More