How’s Business: 1st Quarter 2024, published by PMMI – The Association for Packaging and Processing Technologies, examines quarter-over-quarter activity from Q2 2023 to Q1 2024 using PMMI member survey data alongside macro indicators such as the ISM Manufacturing PMI, Consumer Price Index, and Producer Price Index. Focus areas include demand indicators and backlog dynamics, supply-chain disruptions and payment timeliness, and pricing and macro outlook that influence capital allocation. The analysis indicates new orders and backlog generally trend below midpoints while quotations and late payment patterns tend to show stability or easing, and charts highlight declining supply-chain disruptions relative to recent quarters. The report reveals where packaging and processing leaders are prioritizing investments to strengthen operational resilience.
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Published by PMMI, The Association for Packaging and Processing Technologies in April 2024. Based on PMMI member survey data and secondary analysis of ISM, BLS, and ITRON economic indicators from Q2 2023–Q1 2024.
