Construction Forecast (CONT’D FROM PAGE 1)
Board Converting NEWS INTERNET DIRECTORY
4.75 percent,” said Yaros. “And we look for inflation to av- erage 2.2 percent in the final quarter of 2025, which will be within spitting distance of the Fed’s 2 percent target.” That’s an improvement from the 2.5 percent inflation level toward the end of 2024. (These figures represent the Fed- eral Reserve’s preferred measure of inflation: the “core personal consumption expenditure deflator (PCED)” which strips out volatile food and energy prices). Relief from the costs of interest and inflation will help fatten the bottom lines of businesses everywhere. “We an- ticipate corporate profits will increase 7.1 percent in 2024 and 5.8 percent in 2025, up from their 1.5 percent gain in 2023,” said Yaros.
ADVANTZWARE www.advantzware.com
Advantzware provides a comprehensive system to address the business management needs of the independent box business, as well as the ERP requirements of full scale pack- aging plants and integrated companies. With modules for estimating, scheduling, production, inventory and account- ing, this scalable system supports companies that produce corrugated boxes, folding cartons, point of purchase dis- plays, assembled partitions, and paperboard products. AIR CONVEYING CORPORATION www.accfilter.com Air Conveying Corporation is a leader in the industry of Pneumatic Conveying Systems and has been in business since 1968. As an equipment manufacturer rather than sim- ply a sales organization, we have complete control over the quality of material and products which make up your pro- posed system. Our equipment is found in printing, folding carton and corrugated plants throughout the world. We've been designing, manufacturing and engineering pneumatic conveying systems since 1984. We partner with our customers to ensure they operate efficiently and guar- antee our systems meet or exceed their specifications. ASDI specializes in full pull-through systems trim separators, and NFPA compliant systems with full electronic controls. AMTECH SOFTWARE www.amtechsoftware.com AIR SYSTEMS DESIGN, INC. www.airsystemsdesign.com Amtech offers the industry’s most innovative and com- prehensive corrugated and packaging ERP, integrated scheduling software, and engineered automation technol- ogy. For over 30 years, Amtech has kept our customers competitive in an ever-changing economy with customer digital storefronts and workflows, business intelligence, automated scheduling for corrugators, converting and shipping, proactive roll stock and inventory management. APEX INTERNATIONAL www.apexinternational.com World’s largest Anilox and Glue & Metering roll manufac- turer, providing the widest selection of corrugated engrav- ings and complementary services. Anilox engraving options available from our North American manufacturing facility include elongated 75°, 60°, 45°, plus Apex’s patented GTT technology. Glue rolls are produced with Hardened Stain- less Steel and a max TIR of 10 µ for Single, Double Facers.
Reports from the field confirm the economists’ optimis- tic view. “Our members are looking forward to a growth year in 2025, largely from expectations that interest rates will decline,” said Tom Palisin, Executive Director of The Manufacturers' Association, a York, Pa.,-based consortium with nearly 500 member companies (mascpa.org). The change in fortunes can’t come soon enough, he added. “High interest rates have been putting constraints on many of our members who have been trying to maintain their financial margins, so relief in this area will be helpful.” Construction Rebounds Analysts expect construction companies and manufac- turers to share in the nationwide economic upsurge. Econ- omists expect healthy growth in housing activity, a mighty driver for the economy. “We forecast housing starts to in- crease by 6.2 percent in 2025, after falling by 4.7 percent in 2024 and declining 8.4 percent in 2023,” said Yaros. Why the rebound? A decline in the cost of money and a concomitant loosening of credit standards. “Lower mort- gage rates should help the single-family home market,” said Bill Conerly, Principal of his own consulting firm in Lake Oswego, Oregon (conerlyconsulting.com). “It will be a little less painful for people with 3 percent or 4 percent mortgages to give them up, sell their current houses and move up.”
ALBANY INTERNATIONAL www.albint.com
Albany International has a corrugator belt for every appli- cation. Our reputation for durable performance is the trade- mark of the most dependable belts in service today.
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October 21, 2024
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