The production of paper of all types in the United States fell, as did most production activity, during the recession of 2007–2009 but regained most of the losses by 2011. The industry also adjusted to lower demand by increasing exports and reducing imports, a pattern seen in many industries over the past six years. Between 2007 and 2011 paper production fell and then regained all but 0.1% of its 2007 total while paper exports rose 26.2% and exports fell by 7.2%.
Today’s market size is the value of U.S. paper manufacturer shipments in 2007 and 2011.
Geographic reference: United States
Year: 2007 and 2011
Market size: $176.12 billion and $175.88 billion respectively
Source: “General Statistics: Statistics for Industry Groups and Industries: 2011 and 2010,” Annual Survey of Manufactures, available on the Census Bureau’s American FactFinder website here. Data for NAICS 322-Paper Manufacturing from U.S. International Trade Statistics, database also produced and made available online by the Census Bureau, here.
Original source: U.S. Department of Commerce, Bureau of the Census
Posted on April 16, 2014