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Printing%20Industries%20of%20America’s%20(PIA)<%2Fa>%20208%20survey%20panelists,%20printing%20industry%20sales%20increased%20by%202.3%20percent%20year-to-date%20(YTD)%202012.%20According%20to%20the%20U.S.%20Census%20Bureau,%20YTD%202012%20shipments%20on%20a%20nominal%20unadjusted%20basis%20declined%202.2%20percent.%0D%0A%0D%0Ahttps%3A%2F%2Fwww.goprintandpromo.com%2Farticle%2Fpia-print-market-update-shows-growth-slowed-2012%2F" target="_blank" class="email" data-post-id="2814" type="icon_link">
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Since the first quarter of 2011, both PIA’s survey panel and the U.S. Census Bureau reported print sales weakening.
For the past few quarters, the majority of industry growth was generated from larger firms. When calculating the percent change in industry sales, PIA gives a higher weight to each firm with more than 100 employees because these firms generate more than 60 percent of industry sales. Since the fourth quarter 2011, PIA has noticed a trend—larger firms reporting sales growth declining each quarter from a high in the fourth quarter of 2011 of 5.1 percent to a low in the current quarter of 2.1 percent.
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- Companies:
- Printing Industries of America, Inc.
- People:
- Ed Gleeson
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