“This year, sales were slow through mid-August. Sales didn’t pick up until the Fed announced its third round of quantitative easing in mid-September,” reports Dave Regan, Semper International CEO. Seventy-two percent of companies surveyed reported a profitable third quarter.
Responses to Semper International’s most recent “Industry Insight” survey show a negative outlook for the printing industry and indecision about hiring plans, with 46 percent of companies expecting sales to increase through the remainder of third quarter, while 40 percent expect sales to stay the same.
In its latest quarterly market survey, Semper International found that industry sales foundered during late February and March. They bounced back in April, creating optimism about revenues in the coming months—53 percent of companies expect sales to improve in the second quarter of 2012.
According to Semper International’s latest quarterly survey, 73 percent of companies had a profitable fourth quarter of 2011, up 12 points from the third quarter, and 18 percent are planning to hire new people, up from just 12 percent last quarter.
According to Semper International’s latest quarterly report, 61 percent of companies surveyed had a profitable third quarter—the smallest quarterly drop (4 percent) this year. The number of respondents reporting an increase in sales is up almost 5 percentage points in the first two weeks of fourth quarter.
While 62 percent of companies surveyed reported a profitable quarter, their current sales are down 8 percent over the previous quarter, likely an indication of the traditional second-quarter slowdown, according to Semper International’s quarterly printing company survey.
The most recent “Industry Insight” survey found 73 percent of companies surveyed had a profitable Q4. This represents an increase of nearly 13 percentage points over the previous quarter. The vast majority indicated hiring levels will remain the same or increase.
About 60% of companies surveyed reported a profitable Q3. While down quarter to quarter, it was stronger than a year ago. Looking at the first two weeks of Q4, current sales indicate a strong increase—although this could be a seasonal trend. The number of companies reporting a decrease in sales dropped from 35% to 24%.
Semper International's Commercial Printing Industry Insight Survey Q1 2010 results.
Semper International is conducting its next quarterly Industry Insight Survey to help to gauge sentiment in the graphic arts and print industry.