14:54 ET - Elevated inflation and consumer-packaged goods companies' focus on price over volume in the past few years is prompting consumers to pullback, Truist analysts say in a research note, citing General Mills' most recent earnings report that missed expectations and signaled a slowdown. Now, continued price increases tied to tariffs could prove to be the straw that breaks the camel's back, ultimately dragging the economy into a broader recession. Any downturn would likely result in weaker demand for paper and packaging companies, though the sector has proved resilient and capable of navigating tough times, the analysts write. They note that Packaging Corp. of America and Silgan are likely the best positioned to withstand a recession. (connor.hart@wsj.com)

(END) Dow Jones Newswires

April 16, 2025 14:54 ET (18:54 GMT)

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