North American Shipments of Plastics Processing Equipment Decline in Q1 2024, Reflecting Overall Pullback in the Macroeconomy on Nostr: Plastics Industry Poised for Expansion After Contraction Period =============== ...
Plastics Industry Poised for Expansion After Contraction Period
===============
#530af4d5 ver:0.05
Despite a slowdown in the US economy, the plastics industry is poised for expansion after a contraction period. Retail sales and producer prices have declined, leading to a conclusion that the current rate hiking cycle is over. Industrial production fell, largely due to strikes in the automotive industry. Construction productivity has also declined, causing a drag on the overall economy. However, in the plastics processing industry, there has been a leveling or slowing of contraction. The Plastics Industry Association's Committee on Equipment Statistics reported a decrease in shipments, but the industry is primed for growth. #PlasticsIndustry #EconomicExpansion...
#newstr #UsEconomy #RetailSales #ProducerPrices #IndustrialProduction #AutomotiveIndustry #ConstructionSector #PlasticsProcessingIndustry #ShipmentsOfPlasticsProcessingEquipment
https://here.news/story/530af4d5?ver=0.05
===============
#530af4d5 ver:0.05
Despite a slowdown in the US economy, the plastics industry is poised for expansion after a contraction period. Retail sales and producer prices have declined, leading to a conclusion that the current rate hiking cycle is over. Industrial production fell, largely due to strikes in the automotive industry. Construction productivity has also declined, causing a drag on the overall economy. However, in the plastics processing industry, there has been a leveling or slowing of contraction. The Plastics Industry Association's Committee on Equipment Statistics reported a decrease in shipments, but the industry is primed for growth. #PlasticsIndustry #EconomicExpansion...
#newstr #UsEconomy #RetailSales #ProducerPrices #IndustrialProduction #AutomotiveIndustry #ConstructionSector #PlasticsProcessingIndustry #ShipmentsOfPlasticsProcessingEquipment
https://here.news/story/530af4d5?ver=0.05