The report is the most recent in FPA’s series of reports to address questions regarding the performance of the flexible packaging industry in the current uncertain economic and turbulent business conditions. The focus was principally short term, First Quarter 2018 results versus Fourth Quarter 2017 and First Quarter 2017. Areas of business activity surveyed included net sales, volume/output, profitability, inventory levels, capital spending, and capacity utilization. In addition, information was gathered to assess expectations for sales performance and volume/output in the Second Quarter 2018 versus the previous period, First Quarter 2018. Thirty-six converter members participated in the survey, representing an approximate 60% participation rate and an estimated annual revenue of about $11.8 billion (or about 38% of the $31 billion total flexible packaging industry sales, and 49% of the $24.2 billion value added segment of the flexible packaging industry). To download a copy of the report, please click here.