Consumer Packaging Industry Good for U.S. Economy
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To further demonstrate the substantial effect of the CPG industry on the nation’s economy, PwC found that overall CPG industry growth remains above 5 percent and overall productivity is on the rise. In 2004, CPG manufacturers employed 14.7 million Americans and contributed $2.1 trillion to the economy.[1] In turn, employees were compensated $569 billion and manufacturers paid $242 billion in tax revenue.
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- Stephen Sibert
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