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This week, we've got an industry update, meeting deadlines, elections.
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And award-winning students.
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The new issue of scoring boxes will be available later today.
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Scoring boxes is written by Dick store at the president of
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Richard store and associates.
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According to Dick's August report.
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The U S economy showed surprising strengthen in the second quarter.
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As GDP grew at a 2.2% annual rate.
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In Q2 of 2023.
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Up from 2% in this year's first quarter and significantly above
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the second quarter of last year, which was 0.6% to the negative.
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Spending on nondurable consumer goods rose by 0.4% during June.
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But production of non-durable goods declined by 1% in June as
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inventory reduction continued.
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Personal incomes grew by an inflation adjusted 0.3% in June.
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Still tracking closely with the 0.4% gain and consumer outlays.
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Most of consumer spending was directed towards services where recovery
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of spending continues to be strong compared to that spent for goods.
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One factor for stronger economic activity than expected has
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been the residual COVID fiscal.
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Stimulus granted by the government in 2020 and 2021.
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However recent data on record high us loan and credit card balances could signal
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that economic impact from the pandemic stimulus money is nearing its end.
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You can read the full report@nowdotaiccbox.org.
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You'll find it under resources, then industry stats.
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The AICC annual meeting . In Louisville, Kentucky is
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september 18th through 20th, one last reminder, the early bird deadline and
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the hotel deadline, our August 25th.
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Learn more and register@aiccbox.org slash meeting.
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AICC offers leadership development and networking opportunities to members
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through the AICC emerging leader program.
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Emerging leader, activities and events are led by their delegates.
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Each year.
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A new delegate is elected by their peers in the program.
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This year, the AICC emerging leaders have selected Evan Clary.
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North American sales manager at national corrugated machinery
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to join senior delegate, John Macquarie of CST systems and junior
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delegate, Jordan Dawson of Harris packaging on the ER leadership team.
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Congratulations, Evan.
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You can learn more about the emerging leader program@aiccbox.org slash leader.
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The annual AICC student packaging design competition concluded with resounding
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success, highlighting the exceptional talent and creativity of students in the
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field of corrugated packaging design.
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The competition has two distinct categories, structure and design.
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And it sheds light on the future of the corrugated packaging industry.
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Participants were tasked with creating a hardware shipper box.
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That could safely transport assorted items, including traditional light bulbs,
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a hammer, and a box of nails all while enduring the rigors of courier delivery.
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The event offers AICC members and packaging professionals, a glimpse
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into the designs that will shape the industry's landscape in the years to come.
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The first place team in the structure category came from
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Dunwoody college of technology.
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And first place and graphic design went to a team from the
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university of Texas Arlington.
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The winners will join us at the AICC fall meeting and make connections with
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independent converters who can bring them on board, their teams in the feature.
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Learn more about the winning teams And the student design
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competition@aiccbox.org slash student design now you're up to date.