In-plant Purchasing Decisions in a Recession
An InfoTrends study reveals that in-plants are actually weathering this tough economy far better than their commercial counterparts.
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Looking ahead to 2009, total respondents predicted a continued downward turn, with revenue projections declining another 0.6 percent over the year. Again, in-plant facilities showed less of a decline than print-for-pay. Print-for-pay respondents stated a mean revenue decline of 0.7 percent from 2008 to 2009, while in-plants estimated a continued decline of 0.02 percent. Additionally, print-for-pay participants stated that they would have to reduce their workforce by nearly 2 percent, versus the in-plant staffing reduction of 1 percent.
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