U.S. Industry Quarterly Review: Paper & Packaging

January 2004
U.S. Industry Quarterly Review: Paper & Packaging;2004 1st Quarter, p57
Industry Profile
Industry Overview
The article focuses on the U.S. paper and packaging industry. Total paper production for 2003 was almost 3.0% from year-earlier levels. Inventories also decreased, and operating rates stayed below 90%. During the fourth quarter, processed food production declined slightly from year-earlier levels, but beverage manufacturing grew nearly 5.0%. Pharmaceuticals output during the fourth quarter also increased approximately 4.0%. Capacity has declined for the last three years. Bleached board capacity declined over 3.0% in 2003 and will decline further in 2004. Out of all the boxboard producers, recycled board mills suffered from the largest over-capacity problems.


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