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Commerce Department Reports November 2013 Commercial Printing Shipments Down -5.6% Compared to 2012

By on January 6th, 2014

US commercial printing shipments for November 2013 were $6.494 billion, a decrease of -$382 million (-5.6%) compared to 2012.

On an inflation-adjusted basis, November shipments were down -$467 million (-6.7%).

For January through Novemeber 2013, the Commerce Department reports that shipments are down -3.7%; after adjusting for inflation they are down -4.4%.

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  1. 8 Responses to “Commerce Department Reports November 2013 Commercial Printing Shipments Down -5.6% Compared to 2012”

  2. By Kevin Vaughan on Jan 7, 2014 | Reply

    We too saw a soft end to 2013. But, at least in Central Texas, the market seems poised for a nice return bounce in 2014. Fingers crossed.

  3. By John Andrew on Jan 13, 2014 | Reply

    The last sentence mentions January through November 2012… I’m curious, is that a typo? Should it be January through November 2013? Thank you.

  4. By Dr. Joe Webb on Jan 13, 2014 | Reply

    good catch — thanks!

  5. By GaryAmpulski on Jan 20, 2014 | Reply

    Joe:
    So with all factors taken into account and a reasonable projection for December, where do you come out for CP (NAICS 323) total for 2013 and outlook for 2014?

  6. By Dr. Joe Webb on Jan 20, 2014 | Reply

    Looks like $77.5B for 2013. Right now I’m working with $74.0-75.0B for 2014. I’ll have December data in three weeks and will refresh the forecasts at that time.

  7. By Mike Ehrmantraut on Jan 29, 2014 | Reply

    $77.5B for 2013?!? That means that you expect December shipments to be a mere $6.1 billion. If this is true, then December will be down by almost 7% from November. Over the previous ten years, the mean November-to-December reduction has been -2.3%. Do you really believe that the industry has decelerated at this pace? Thanks!

  8. By Dr. Joe Webb on Jan 29, 2014 | Reply

    After inflation adjustment, August through October averaged a -7.5% decrease compared to the prior year. The decrease in shipments in the second half of the year was significant. Yes, it’s real, and it’s likely to continue through 2014. One of my greatest concerns is that the seasonality of the industry has become front-loaded, especially March through June, which will lead businesses to make unwise decisions based on false expectations that they will carry through the calendar year. The end of the year is retail heavy, and their shift to social and mobile media will only intensify in 2014.

  9. By Dr. Joe Webb on Feb 4, 2014 | Reply

    2/4/2014: Dept of Commerce just published December and revised November data. December shipments came in slightly better that I had guessed ($6.1B), at $6.271B (-3.7% vs. Dec. 2012). November shipments were revised DOWN by -$60 million. Commerce has the current dollar total for the year at $77.6B, -3.8% on a current dollar basis. Add a rough CPI change to that and you get -5.6%. December gets revised next month, then it all gets revised in May when they go back for three years of major revisions and an addition two of tweaks if they follow the same pattern as previous years.