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And, according to the just-completed 2007 Ratios Survey conducted by PIA/GATF, headquartered in Pittsburgh, printing industry profits increased slightly over the past year, reflecting the rates of the mid- to late-1990s. The average pre-tax profit on sales was 3.4 percent for the typical Ratios participant this past year—which is within the 3.0 percent to 3.4 percent range experienced from 1995 to 2001—compared to 2.7 percent for 2006.
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