economics

Plastics Index Shows Supply Chain Improvement Despite Production Slowdown

Future expectations reach 2024 high on the heels of the recent election.

Mike Shirk
Senior Market Research Analyst, Gardner Intelligence

Plastics Processing Activity Contracted in July

Plastics processing GBI contracted for the third month in a row.

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Processing Takes a Dip in June

Plastics activity took a relatively big downturn in June, ending at a low for the year and lower than the same month a year ago.  

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Processing Activity Dips in May

Plastics processing took a downturn in May, the first appreciable dip since November 2023.  

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Processing Activity Nears Expansion Level

Plastics processing kept pushing along in April, landing less than one point shy of expansion.   

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NPE2024 and the Economy: What PLASTICS' Pineda Has to Say

PLASTICS Chief Economist Perc Pineda shares his thoughts on the economic conditions that will shape the industry.

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For W&H, Big Themes are MDO, the Circular Economy, Retrofits

NPE2024: Machine builders responding to a need for flexible packaging processors are looking to make their operations more sustainable.

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Plastics Processing Index Remains Virtually Unchanged

Future business indicators rose again this month, but other inputs changed only slightly.

Heather Gaynor
Editor, Valve Magazine, Gardner Business Media

Processing Making Slow, Steady Progress

Plastics processing activity didn’t make its way into expansion territory in March, but seems headed in that direction.  

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Processing Megatrends Drive New Product Developments at NPE2024

It’s all about sustainability and the circular economy, and it will be on display in Orlando across all the major processes. But there will be plenty to see in automation, AI and machine learning as well.

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February Index Dips a Tiny Bit

Index holds steady as optimism about future business conditions continues to increase among processors.  

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Twin-Screw Showcased in Circular Economy Demo

NPE2024:  A KraussMaffei twin will upcycle pelletized blood vials, which will then be overmolded on another press to produce bottle openers.   

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Plastics Processing Pattern Prevails With an Uptick in December

Like December 2022, the December 2023 index represents increased activity following dips in November.  

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Plastics Processing Activity Drops in November

The drop in plastics activity appears to be driven by a return to accelerated contraction for three closely connected components — new orders, production and backlog.

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Plastics Processing Contraction Slows Slightly

While the market is still sluggish, future business outlook rose significantly from last month.

Heather Gaynor
Editor, Valve Magazine, Gardner Business Media

Contraction in Processing Slows in October

The Gardner Business Index for plastics processing activity jumped a bit in October, though it still contracted as it has since July 2022.

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Plastics Processing Activity Continues to Contract

September’s survey results mark a third month of a very similar GBI.

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Plastics Processing Activity Held Steady in August

Monthly index indicates overall plastics processing activity stayed on its path of contraction.

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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 Activity Contraction Continues in August

Four months of consecutive contraction overall.

Heather Gaynor
Editor, Valve Magazine, Gardner Business Media

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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Processing Activity Slips

Index closes at level not seen since May 2020.  

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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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