US packaging machinery shipments indicate a potential up-swing in the economy.
US packaging machinery shipments up 12 percent in 2010
US packaging machinery shipments got a green light in 2010 and saw a 12 percent jump from 2009, according to end-of-year figures from PMMI. 2010 shipments were $5.5 billion, up from $4.9 billion in 2009 according to PMMI’s annual US Packaging Machinery Shipments report.
The report also indicates exports, as measured in US dollars, increased 9 percent, from $891 million in 2009 to $975 million in 2010, while imports increased 13 percent—from $1.17 billion to $1.32 billion.