Speaking to the Pressure Sensitive Tape Council (PSTC), I looked at key economic indicators as they relate to the pressure sensitive tape industry and advised manufacturers to act now to be able to be strong players in 2003 and beyond.
In what I would refer to as a “jobless recovery,” manufacturing and sales are in a slow, steady recovery, but not enough to reduce unemployment. Assuming no further terrorist activities, the recovery in manufacturing seen over the past six months will continue, which is what drives the pressure sensitive tape industry, its customers and their customers’ customers.