WhatTheyThink    WhatTheyThink.com    Blogs    PrintPlanet

Recovery Indicators Slip to Downside; Unemployment Report Great on the Outside, Hollow in the Middle

By on July 6th, 2015 - Comment

The recovery indicators had a mixed performance to the downside this past month. New orders for manufacturers and non-manufacturers were up slightly, but the four other indicators fell, with one of them falling below that of the start of the recession.(click chart to enlarge) The NASDAQ had a rocky month but was still over the…

Continue Reading...

Q1-2015 GDP Revised to “Less Bad” -0.2%; Q2 GDP in 2% Range

By on June 25th, 2015 - Comment

Real GDP was revised to make the first quarter’s decline much smaller, from -0.7% to -0.2%. Consumer spending was revised higher, as were net inventories. The inventory data have been out of balance for some time; theoretically, long run net inventories should be zero, as goods and services are created to meet the exact demands…

Continue Reading...

Fed Lowers GDP Outlook, Likely to Raise Rates by the End of 2015

By on June 18th, 2015 - Comment

The Federal Reserve lowered its forecast of 2015 GDP but maintained its March revisions forth the next two years. The Fed’s forecasts have been reduced twice for 2015, originally with a high range of +3% back in their December forecast, but now just +2.0%. The negative Q1-2015 will be revised again next Wednesday, June 24….

Continue Reading...

Recovery Indicators Have a Good Month

By on June 3rd, 2015 - Comment

The spotty nature of the recovery continues. In light of the negative GDP, prognosticators are looking for any data that can tell them the Q2 will be better, as the old rule of thumb about two negative quarters being a recession is in the back of their mind. That’s not the true definition, but it’s…

Continue Reading...

Is Q1’s Negative GDP Something to Worry About? Probably Not… But on the Other Hand…

By on June 2nd, 2015 - Comment

Harry Truman is known for his request for a one-armed economist, someone who could explain what was happening without saying “but on the other hand” as they discussed the opposing forces that are always present in the marketplace. Last Friday’s GDP revision to negative was expected and shrugged off by most business economists as just…

Continue Reading...

US Commercial Printing Shipments Up for Eleventh Month

By on June 2nd, 2015 - Comment

April 2015 US commercial printing shipments were up by +$258 million, +3.6%. In inflation-adjusted terms, because consumer inflation was negative in April, shipments were up by +$272 million, up +3.8%. (click chart to enlarge) The 12-month-moving-totals, a way of annualizing shipments data, are running at $84.5 billion, up +2.7% in current dollars, and up +1.6%…

Continue Reading...

A Look at the 23 Million US “Microbusinesses,” Increasing 3x the Rate of Population Growth

By on May 28th, 2015 - Comment

We know there are microbusinesses out there, and the best way to get a handle on it is an obscure government report called “Nonemployer Statistics.” The official definition is “businesses that have no paid employees and are subject to federal income tax.” These are most often sole proprietors, but they can be partnerships or S…

Continue Reading...

Japanese Translation of “This Point Forward” by Dr. Joe Webb and Richard Romano is Now Available from JAGAT

By on May 20th, 2015 - Comment

Junichiro Yamashita of Brighter Later recently informed the authors of “This Point Forward” that the Japanese translation of the work is now available from the bookstore of the Japan Association of Graphic Arts Technology (JAGAT). The Japanese translation of the earlier book, “Disrupting the Future,” remains an important resource for printing business owners and executives….

Continue Reading...

March Commercial Printing Shipments +4.8%; Ten Months of +3% Growth

By on May 6th, 2015 - 1 Comment

US commercial printing shipments had another good month in March, up +4.8% compared to 2014 in current dollars. For nine of the last 10 months the comparison to the prior year has been positive, averaging +3%. It is possible that commercial printing shipments have found a level of stability after many years. (click to enlarge)…

Continue Reading...

Recovery Indicators Mainly Flat, but Small Business Might be Having Problems

By on May 5th, 2015 - Comment

The recovery indicators were slightly better than last month, but the main area of concern is the decline in proprietors’ income. This indicator is one of the few that is reflective of the state of small business. There is newfound worry about the state of the economy because of the poor Q1 GDP report, just…

Continue Reading...