July Commercial Printing Shipments Disappoint at -2.5%; June Shipments Data Revised Sharply Downward
By Dr. Joe Webb on September 6th, 2013
July 2013 printing shipments were $6.09 billion, down -$156 million compared to 2012 (-2.5%). On an inflation-adjusted basis, shipments were down -$278 million (-4.4%). June shipments were revised significantly downward, -$349 million, as has been the pattern of Commerce Department revisions for the past few years. June shipments are now reported as $5.98 billion, the lowest monthly level since January 1993 (in current dollars), when the current data series began. June is the first month below $6 billion in current dollars since that time.
Usually, our full report of shipments would be made available on the e-store at this time, but we are withholding the report for the upcoming release of second quarter profits data for the industry. Our next report will be available Thursday, September 12.
The chart below show monthly shipments on an inflation-adjusted basis since 2007. Click chart to enlarge.