How’s Business: 2nd Quarter 2024, published by PMMI – The Association for Packaging and Processing Technologies, examines industry conditions from Q3 2023 through Q2 2024 using PMMI member survey data alongside public economic indicators such as the ISM PMI, CPI and PPI. The analysis indicates softening demand and shrinking backlogs contrasted with rising proposal activity, while late payments and improved supply‑chain stability reflect changing financial and procurement dynamics; focus areas include demand and capacity management, cash‑flow and receivables, and supply‑chain resilience and digital readiness, with comparisons to the neutral 50‑point benchmark and broader macro outlook. Charts highlight these patterns and emerging operational priorities. 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 (Jorge Izquierdo; Rebecca Marquez; Andrea Admana) in July 2024. Based on PMMI How’s Business quarterly member surveys and secondary analysis of public economic datasets (ISM PMI, BLS CPI/PPI, ITRON outlook) from Q3 2023–Q2 2024 (survey) and June 2024 (economic series).
