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)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.