Printed Products Stay the Course
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Layoffs declined this year, with 22 percent of the Top 100 Suppliers reporting layoffs over the past year. On the other hand, 53 percent of the Top 100 Suppliers added employees in production, 43 percent added salespeople, and 23 percent added administrators. For capital investment in new equipment purchases this year, 14 percent of the Top 100 Suppliers budgeted up to $50,000, 3 percent budgeted up to $100,000, 27 percent allocated up to $250,000, 14 percent slotted up to $500,000, 16 percent reserved up to $1 million, and 12 percent budgeted more than $1 million.
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