By
Mark Smith
Facebook
Facebook
Twitter
Twitter
LinkedIn
LinkedIn
Email
Email
0 Comments
Comments
PIA’s approach is to present three scenarios for its yearly outlook. The “most likely” scenario had been calling for two consecutive quarters (Q4 2008-Q1 2009) of negative GDP change, followed by a sluggish recovery resulting in a decline in print shipments of -0.5 to -1 percent. Sales would increase 1.5 percent in the “optimistic” scenario (one negative quarter and a quick recovery) or drop in the range of -4 to -5 percent in the “pessimistic” outlook (three quarters of more significant GDP change). Davis’ latest, slightly more positive, revision was still pending.
0 Comments
View Comments
E
Mark Smith
Author's page
Related Content
Comments