2012: New Year, Similar Outlook
After minimal economic growth in 2011, economists at print industry associations look for continued slow recovery from the recession for printers in the year ahead.
PIA's estimate called for printing shipments to finish 2011 up about 3 percent on a nominal basis (not adjusted for inflation, which has been running in the 3.5+ percent rate for much of the year) and end the year at $148.9 billion, according to Davis. That is still well below the industry peak of $174.6 billion in annual shipments recorded in 2007, he notes.
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