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Trending Up Despite a Slip
Despite a slip in December, processors are still generally doing much better now than a year ago.
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More Growth & Equipment Investment For Processors This Year
Gardner’s research projects that processors will invest around $3.3 billion in primary machinery, auxiliary equipment, and molds and related supplies this year, about 10% more than its projection for 2013.
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Packaging to Grow Modestly in Early ’14, Faster in Second Half
The use of plastics packaging is closely tied to the production of consumer goods.
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Moderate Contraction, But Spending Plans Grow
Business is flat but processors indicate uptick in spending plans.
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Processing Flat, But Looking Up
Rate of contraction in September was slower than in the prior few months. New orders began growing again after two months of contraction.
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Plastics Processing Contracts
But future capital spending plans were about 15% above the historical average in August.
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Processing Flattens Out
Exclusive survey shows flat June, mostly due to dip in business among smaller processors.
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Bouncing Back
April's gain marks the fourth month out of five that the index has advanced.
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Contraction After Q1 Growth
Decline in the index driven by diverging performance among plants of different sizes.
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Growth Accelerates for Processors
With a March reading of 53.2, the Plastics Processors’ Business Index showed growth for the third consecutive month.
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