Riding the Recession Rollercoaster
What goes up, must come down
in the label and packaging market
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"During the second half of 2008, the reverse was true," he said. "Oil prices fell, and raw material prices stabilized and began to fall. Most significantly, during the second half of 2008, the impact of the economic crisis affected market growth dramatically. A softening and almost static third quarter was succeeded by rapid and unprecedented declines in market demand in the fourth quarter, and into 2009."
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Tom Polischuk
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