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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….

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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)…

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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…

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Under the Radar: The Generational Change in Print Business Leadership

By on April 23rd, 2015 - 1 Comment

What people experience based on the time they were born shapes their outlook and business strategies for years to come. If you were born in the 1940s, grew up in the 1950s and 1960s, and then owned or ran a printing business, your career has already shifted into retirement or is about to do so….

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Q1-2015 GDP Might be Negative, Or Close to It

By on April 15th, 2015 - Comment

Recent economic data have not been very encouraging for the first estimate of GDP. Last year, the first quarter was negative as there was a large inventory correction from prior quarters (and also the annual blame for Winter weather, as if Winter does not occur every year in seasonal adjustments… but that’s another story for…

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Recovery Indicators Mixed (Again… Yawwwwwwn…)

By on April 9th, 2015 - Comment

The latest recovery indicators were mixed, with weaker results in the ISM manufacturing report adding to a growing consensus that Q1-2015 GDP would be close to zero. The non-manufacturing ISM was more positived. The first estimate of GDP will be released at the end of the April. The NASDAQ fell back -1.3% since last month….

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US Commercial Printing Shipments Have Strong February, +5.2%

By on April 9th, 2015 - Comment

US commercial printing shipments in 2015 have started well with a good January and a strong February. February shipments were up +$300 million compared to 2014, +5.2%. The inflation-adjusted figure is virtually the same as inflation has been slightly negative in recent months. The chart shows combined shipments for January and February (click to enlarge):…

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March US Commercial Printing Employment Rises in Line with Seasonal Patterns

By on April 9th, 2015 - Comment

US commercial printers added employees in March, with an increase of +1,300 workers. This is less than in recent years: in 2012, for example, employment increased +1,500 workers. March is a strong month for the industry in recent years, and this rise is seasonal. What likely occurs is retail promotions for Easter and Spring increase…

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2014 US Commercial Printing Industry Profits Fall by -27% Compared to 2013

By on March 24th, 2015 - Comment

While US commercial printing shipments ended their skid at the end of 2014, industry profits fell compared to 2013. Even for the third and fourth quarter, where revenue comparisons were slightly higher than 2013 ($39.1 billion versus $38.8), profits were about -27% less ($1.47 billion versus $2.01). Nonetheless, the year was profitable, in line with…

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Ad Agency Revenues Have Strong 2014, Up +4.3%; Books and Specialty Publishing Revenues Continue Rebound From 2013 Bottom

By on March 18th, 2015 - Comment

For 2014, advertising agency revenues (+4.3%) and books and specialty publisher revenues +(3.2%) were bright spots amid the declines in periodical publisher revenues (-3.8%) and those of newspaper publishers (-6.3%). The chart below (click to enlarge) shows the long term trends. The data originate in the US Department of Commerce Quarterly Services Survey, and we…

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