WhatTheyThink, the leading online media organization serving the printing and publishing industry, today announced the availability of their most current report titled “U.S. Commercial Printing Profits, 1995 to Q1-2010.” Authored by Dr. Joe Webb, director of WhatTheyThink’s Economics and Research Center, the report is part of WhatTheyThink’s premium access subscription. Others may purchase the report from the WhatTheyThink e-store: http://store.whattheythink.com/economics/u-s-commercial-printing-profits-p-2
Premium Access Subscribers can download the report here: http://whattheythink.com/articles/article.cfm?id=44684
“The first quarter of 2010 was a significant change compared to the same quarter of last year,” said Dr. Webb. “The industry had a difficult time in 2009, and the profits that were initially reported for the fourth quarter of 2009 were swept away in a data revision by the Commerce Department. But 2009 was profitable, and this first quarter of 2010 was very encouraging. Profit levels are increasing, not because of higher market prices, but because of employee downsizing, and the departure of weakest printers.” Dr. Webb emphasized that there are still challenges ahead because of the continuing growth of new communications that will affect the demand for print. “We must remember that just because the industry may be having a tough time, there are profitable companies who are offering innovative services to their clients. The restructuring of the industry will be built on the entrepreneurial actions of these firms.”
In the report, Dr. Webb reviews the latest trends in shipments, profits, and capacity measures for the industry. In this edition, he reviews the printing trends by state in terms of employment since 2005.
See full article at: First Quarter 2010 Profits for U.S. Commercial Printing Businesses Increase $830 Million Compared to 2009 – Printing Industry News from WhatTheyThink.