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Profits per Print Establishment Best Since 2000; Annual Industry Profits Best Since 2007

By on April 17th, 2014 - 1 Comment

Q4-2013 US commercial printing industry profits were positive for the first time since Q4-2010, at an estimated $870 million for the quarter. For the year, profits were $4.34 billion. On an inflation-adjusted basis, that was the highest level of industry profits since 2007. This is despite there being $28 billion less printing shipments, 8,000 fewer…

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Employment Report Stays Mixed

By on April 7th, 2014 - Comment

Last Friday’s unemployment report had something for everyone. January and February payrolls were revised up, and March payroll employment increased by +192,000. The unemployment rate remained at 6.7%. Last year it was at 7.5%. The household survey was more interesting. Employment increased by +476,000 workers, a very good number, and the labor force increased by…

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Did You Wish the iPad a Happy Fourth Birthday?

By on April 7th, 2014 - Comment

Last week was the fourth anniversary of the release of the iPad. It was a big deal when they were selling 1 million a month at that time. Now we know that was a humble beginning. Last quarter, they sold 26 million, just under 12,000 iPads per hour! Those 26 million represented a sales increase…

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February Printing Shipments Down, and Not Just Because It’s a Short Month

By on April 3rd, 2014 - Comment

February 2014 US commercial printing shipments were $5.73 billion, down -$292 million (-4.8%) compared to 2013. On an inflation-adjusted basis, they were down -$349 million (-5.7%). January 2014 shipments were revised up slightly, by +$13 million. Together, January and February shipments were $11.84 billion, -5.1% on a current dollar basis, and -6.2% on an inflation…

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Recovery Indicators Still Sideways, but Improve in Last Month

By on April 3rd, 2014 - Comment

The recovery indicators are certainly better at running sideways than up lately, but they did bounce back since their problems back in February. It’s been a bouncy ride going sideways, for sure. (click chart to enlarge) The NASDAQ declined slightly since the prior report, but remain significantly higher than the beginning of the recession. The…

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Preferences and Actions are Vastly Different; The ROI of Print

By on March 24th, 2014 - 3 Comments

In recent weeks, I have written about factors that complicate the interpretation of what seem simple market data. Survivorship, the effects of changes in the numbers of printing plants, was one of them. A more common problem for all market research has been the differences of “preferences” and “actions.” This topic became of great interest…

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Organic Growth is Essential for Healthy Printing Businesses

By on March 17th, 2014 - 2 Comments

A few weeks ago I wrote an article about the difficulty of putting industry data in perspective when there are trends that affect basic data measures. The article was about how surveys of business revenues are affected by consolidation, making it difficult to determine organic growth rates. Organic growth rates are important in judging performance….

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Ad Agency Revenues On Steady Rise Higher

By on March 16th, 2014 - Comment

Well, so much for “content is king.” Last year I wrote about the Commerce Department data about publishers and advertising agencies, and the trend hasn’t changed. In that blogpost, I explained that if content was king, it was of “a small country.” Since the second quarter of 2007, the first quarter for which we can…

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Unemployment Report “Little Changed,” Media Shift Continues to Reshape Markets

By on March 7th, 2014 - 2 Comments

Just like last month, today’s unemployment report was relatively benign, with, in the Bureau of Labor Statistics own words, “the unemployment rate was little changed at 6.7 percent.”  The payroll survey was up +175,000, but the household survey was up only +42,000. The unemployment rate increased because the household survey, on which the rate calculation…

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January 2014 US Printing Shipments Down; Final Shipments Data for 2013

By on March 6th, 2014 - 3 Comments

January 2014 US commercial printing shipments were $6.07 billion, down -$378 million (-5.9%) compared to 2013. On an inflation-adjusted basis, they were down -$469 million (-7.2%). December 2013 shipments were revised up slightly, by +$13 million. That made 2013′s annual shipments $77.67 billion, down -$3.6 billion (-3.7%) compared to 2012, and down -$4.8 billion (-5.1%)…

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