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Plastics Processing Business Index Contracts Further
All components dip as index hits low point of 2023.
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Index Still Searching for Growth
But the good news is that June’s results were nearly a point above May’s.
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Plastics Processing Contraction Continues
Contraction dominated the GBI index for overall plastics processing activity and almost all components, collectively suggesting a slowdown.
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Plastics Processing Continued Contraction in April
Despite some index components accelerating and others leveling off, April spelled contraction for overall plastics processing activity.
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Plastics Processing Contracted Again in March
Processing activity contracted for the ninth straight month, and at a faster rate.
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Plastics Processing Activity Near Flat in February
The month proved to not be all dark, cold, and gloomy after all, at least when it comes to processing activity.
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Processing Activity Contracts More Slowly in January
Despite contracting again in January, plastics processing activity rebounded a bit from a rather significant drop in December.
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Plastics Processing Contraction Steadied in November
Though still contracting, November marks a break in what has been a steadily faster rate of contraction in plastics processing activity.
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Plastics Processing Contracts Again
October’s reading marks four straight months of contraction.
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Plastics Processing Continues to Contract
The September Index signaled a second month of declining activity for plastics processors overall, while custom processors fared even worse.
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Plastics Processing Dips Again in August
August’s reading has total plastics processing contracting at about the same level and pace as July.
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