Semper International Announces Print Industry May Return to Typical Sales Trends
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- 62 percent of companies surveyed reported a profitable Q2. This represents a decrease of 2 percentage points from Q1.
- Looking at the first two weeks of Q3, current sales are down 8 percent over last quarter, likely an indication of the traditional Q2 slow-down. The number of companies reporting a decrease in sales is up nearly 12 percentage points.
- 20 percent of the companies interviewed expected sales to decrease thru the remainder of Q3, 2011. Last quarter only 11 percent expected a sales decrease.
- The vast majority of respondents indicated that hiring levels will remain the same, or increase. These results were nearly identical to last quarter. The number of companies laying off employees has been trending upward very slightly over the last year.
- For the sixth straight quarter, a large majority of companies reported that healthcare is the labor cost component that increased the fastest during the past quarter. Although healthcare remains a concern, it is decreasing in importance; concerns over healthcare costs are down 10 percentage points over last quarter.
- The greatest competitive threat to printers remains the current economic climate. Concerns over the state of the economy increased by 17 percentage points over last quarter.
- Print buyers place the greatest pricing pressure on offset printing. For the first time this quarter we see an increase in pricing pressure on digital print.
- There was a surprising 5 percentage point increase in traditional help wanted ads as a way to find employees. Referrals (33 percent) and online searches (27 percent) continue to be the most popular ways to find employees.
For more information, visit http://www.semperllc.com/index.cfm?page=president
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