Industry Stats, Meeting Deadlines, Elections & Award Winning Students

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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.