Indication of Significant Weakness in Box Demand Emerges


📦 Indication of Significant Weakness in Box Demand Emerges.

Weakness in U.S. box demand continues to reflect the challenging state of the goods economy, with the three largest North American containerboard/box producers reporting significant declines in Q1. Despite a recent uptick in demand, indicators such as falling real earnings, tightening lending standards, and low small business confidence suggest that an improvement in box/goods demand is not expected in the near future. Packaging Corp. of America's decision to indefinitely idle one of its containerboard mills in Washington, resulting in layoffs, raises questions about the company's response to improving demand.

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