<p>你是否曾想过你的在线订单是如何装在那些坚固的纸箱里送到的——当纸箱数量减少时，这意味着什么？纸箱数量减少通常暗示着美国家庭的零售需求减弱。</p>
<p>这是否意味着调整的开始？</p>
<p>国际纸业公司（International Paper Co.）最近对美国经济发出了警报，因为纸箱需求骤降，反映出消费者活动的动能减弱。</p>
<p>在报告第二季度业绩时，该公司表示：“由于我们继续面临成本压力，利润率下降，同时我们执行了严格的停产计划。在欧洲，需求依然疲软，因收购而导致的折旧和摊销费用显著增加。”</p>
<p><strong>另请阅读：通胀影响美联储的路径，白宫关注英特尔股份：本周市场动态</strong></p>
<p>这种谨慎与更广泛的行业信号相一致。</p>
<p>包装行业的下滑正在成为零售和制造业放缓的风向标，引发了对家庭支出趋势的担忧，而家庭支出占经济的近 70%，彭博社报道。</p>
<p>根据来自纤维箱协会的数据，瓦楞纸箱的出货量在第二季度降至十年来的最低水平，报告指出。</p>
<p>这一下降影响了从包装食品到电子产品等多个行业，表明需求脆弱，因为企业在等待贸易政策的明确指引时缩减了订单。</p>
<p>这一衰退与特朗普总统不一致的关税信息相吻合，使得企业对成品的成本和需求感到不确定。</p>
<p>企业不再囤积笨重的包装，而是在等待指引。政策的不确定性是故事的重要组成部分。</p>
<p>像联合包裹服务公司（UPS）和联邦快递公司（FedEx）这样的快递公司也发出了消费者信心减弱的影响信号，UPS 指出，小包裹需求受到疲软情绪的打击，彭博社补充道。</p>
<p>虽然纸箱包装并不是零售支出的完美代理，但经济学家认为它是消费者趋势的早期指标。</p>
<p>因为纸箱通常是在接近发货时间时下单，数量的减少往往反映出近乎实时的购买放缓。</p>
<p><strong>现在阅读</strong>：</p>
<ul>
<li><strong>独家：UNH 股票是否触底？我们的读者怎么说</strong></li>
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<p>图片来源：Shutterstock/FabrikaSimf</p>

<p>美国纸箱的出货量减少可能预示着零售需求的下降，国际纸业公司最近报告的利润下滑和需求疲软对此进行了强调。出货量达到十年来第二季度的最低水平，显示出各个行业需求脆弱。这一趋势引发了对家庭支出的担忧，家庭支出占经济的 70%。下降的原因归因于政策不确定性和消费者信心不足，因为企业在不明确的贸易政策下犹豫不决，不愿意囤积包装材料</p>

<p>Have you ever wondered how your online orders arrive in those sturdy cardboard boxes — and what it means when there are fewer of them? Fewer boxes often hint at softer retail demand across U.S. households.</p>
<div class="lb-trans"><p>你是否曾想过你的在线订单是如何装在那些坚固的纸箱里送到的——当纸箱数量减少时，这意味着什么？纸箱数量减少通常暗示着美国家庭的零售需求减弱。</p>
</div><p>Is this the start of a correction?</p>
<div class="lb-trans"><p>这是否意味着调整的开始？</p>
</div><p>International Paper Co. IP recently sounded alarms for the U.S. economy as cardboard box demand tumbles, reflecting weakening momentum in consumer activity.</p>
<div class="lb-trans"><p>国际纸业公司（International Paper Co.）最近对美国经济发出了警报，因为纸箱需求骤降，反映出消费者活动的动能减弱。</p>
</div><p>While, reporting second-quarter results the company said, “Margins slipped as we continue to face cost headwinds, and we executed a heavy outage schedule. In Europe, demand remained soft and there was a significant increase in depreciation and amortization expense resulting from our acquisition.”</p>
<div class="lb-trans"><p>在报告第二季度业绩时，该公司表示：“由于我们继续面临成本压力，利润率下降，同时我们执行了严格的停产计划。在欧洲，需求依然疲软，因收购而导致的折旧和摊销费用显著增加。”</p>
</div><p><strong>Also Read: Inflation Clouds Fed’s Path, White House Eyes Intel Stake: This Week In Markets</strong></p>
<div class="lb-trans"><p><strong>另请阅读：通胀影响美联储的路径，白宫关注英特尔股份：本周市场动态</strong></p>
</div><p>That caution lines up with broader industry signals.</p>
<div class="lb-trans"><p>这种谨慎与更广泛的行业信号相一致。</p>
</div><p>The downturn in packaging is emerging as a bellwether for slowing retail and manufacturing sectors, raising concerns about household spending trends that fuel nearly 70% of the economy, reports Bloomberg.</p>
<div class="lb-trans"><p>包装行业的下滑正在成为零售和制造业放缓的风向标，引发了对家庭支出趋势的担忧，而家庭支出占经济的近 70%，彭博社报道。</p>
</div><p>Shipments of corrugated cardboard boxes slipped to their lowest second-quarter level in a decade, the report read, citing data from the Fibre Box Association.</p>
<div class="lb-trans"><p>根据来自纤维箱协会的数据，瓦楞纸箱的出货量在第二季度降至十年来的最低水平，报告指出。</p>
</div><p>This decline, which affects industries ranging from packaged food to electronics, points to fragile demand as businesses scale back orders while waiting for clarity on trade policy.</p>
<div class="lb-trans"><p>这一下降影响了从包装食品到电子产品等多个行业，表明需求脆弱，因为企业在等待贸易政策的明确指引时缩减了订单。</p>
</div><p>The slump coincides with President Donald Trump's inconsistent tariff messaging, leaving companies uncertain about costs and demand for finished goods.</p>
<div class="lb-trans"><p>这一衰退与特朗普总统不一致的关税信息相吻合，使得企业对成品的成本和需求感到不确定。</p>
</div><p>Rather than stockpiling bulky packaging, businesses are waiting for direction. Policy uncertainty is a big part of the story.</p>
<div class="lb-trans"><p>企业不再囤积笨重的包装，而是在等待指引。政策的不确定性是故事的重要组成部分。</p>
</div><p>Couriers like United Parcel Service Inc. UPS and FedEx Corp. FDX also signaled the impact of waning consumer confidence, with UPS noting that small-package demand was hit by weak sentiment, Bloomberg added.</p>
<div class="lb-trans"><p>像联合包裹服务公司（UPS）和联邦快递公司（FedEx）这样的快递公司也发出了消费者信心减弱的影响信号，UPS 指出，小包裹需求受到疲软情绪的打击，彭博社补充道。</p>
</div><p>While cardboard packaging is not a perfect proxy for retail spending, economists consider it an early indicator of consumer trends.</p>
<div class="lb-trans"><p>虽然纸箱包装并不是零售支出的完美代理，但经济学家认为它是消费者趋势的早期指标。</p>
</div><p>Because boxes are typically ordered close to shipment time, a decline often reflects slowing purchases in near real-time.</p>
<div class="lb-trans"><p>因为纸箱通常是在接近发货时间时下单，数量的减少往往反映出近乎实时的购买放缓。</p>
</div><p><strong>Now Read</strong>:</p>
<div class="lb-trans"><p><strong>现在阅读</strong>：</p>
</div><ul>
<li><strong>EXCLUSIVE: Has UNH Stock Hit The Bottom? Here's What Our Readers Think</strong></li>
</ul>
<div class="lb-trans"><ul>
<li><strong>独家：UNH 股票是否触底？我们的读者怎么说</strong></li>
</ul>
</div><p>Image: Shutterstock/FabrikaSimf</p>
<div class="lb-trans"><p>图片来源：Shutterstock/FabrikaSimf</p>
</div>

纸箱运输量减少是否预示着需求下降的早期信号？