The Cold. Hard. Facts.
How the printing industry fared during turbulent times
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This time last year many wondered if it would be premature to write off the printing industry as a casualty of the economy. The numbers proved that would have been the case. Would the same truth hold for 2009? Yes.
Total annual sales figures for the top 100 manufacturers slightly surpassed last year’s reported $3.05 billion, reaching $3.15 billion for the last fiscal year completed. Despite this impressive showing, the majority of participating suppliers did acknowledge their decision or need to lay off some employees in 2008 and 2009. On a more positive note, however, most did not anticipate this course of action for the upcoming business year.
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Elise Hacking Carr
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Elise Hacking Carr is senior production editor for Print & Promo Marketing magazine, and managing editor for PRINTING United Journal.
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