AF&PA Finalizes 2008 Statistical Summary

WASHINGTON—A new report by the American Forest and Paper Association (AF&PA) presents final data for the U.S. paper and paperboard industry for 2008, and shows total production of these products declined 4.9 percent to 88.4 million tons, the lowest production level in 15 years.

“These results follow a modest 0.8 percent decline in 2007, and reflect the severity of the recession in 2008 on the paper and paperboard industry in the United States,” said AF&PA Chief Economist Dr. Stanley Lancey.