NAPL’s State of the Industry Report Candidly Reports on Tough Issues:
In the most recent NAPL NewsTalk Live presentation, Andy Paparozzi, NAPL’s Chief Economist, previewed some of the key findings of the upcoming NAPL State of the Industry report. Andy reported good news and bad news. The good news is that sales are not declining overall—they are stable. The bad news is that manufacturing costs are rising, pressure remains on pricing increases resulting in a classic profit crunch. Also discussed was what the leaders in the industry are doing to counter this problem.