THERE MAY be a new man in the White House, but the country is enjoying another stimulus shot to counter what is now acknowledged as a full-blown recession—and, like the flu vaccine, not everyone agrees on how much good, if any, it will do for the average American. From a business perspective, however, it’s a no-brainer.
Some 60 attendees at the Print Outlook portion of the NPES 2009 Industry Summit heard predictions on the outlook for the overall U.S. economy, the printing industry specifically and on advertising media trends.
WASHINGTON, DC—Some 60 attendees at the Print Outlook portion of the NPES 2009 Industry Summit, held earlier this week, heard predictions on the outlook for the overall U.S. economy, the printing industry specifically, advertising media trends and even for business in general under the new presidential administration.
AN OLD line goes that if you put three economists in a room, show them the same data and ask them for their predictions, you’ll get three different answers. But that was not the case at the recent NPES 2008 Industry Summit in New York, which comprised the association’s annual Print Outlook conference followed by a quarterly PRIMIR market research group meeting. Former President’s Council of Economic Advisors senior economist Dr. Sung Won Sohn forecast the outlook for the U.S. economy in general, followed by industry-specific prognostications from the chief economists representing the NAPL and PIA/GATF, Andrew Paparozzi and Ronnie Davis, respectively. Sohn pulled
CHICAGO—The first NPES Industry Summit provided an optimistic view of print’s current and future prospects. A series of speakers concurred that sustained economic growth and smart adoption of technologies to create new value-added services have helped put the U.S. printing industry in its strongest position in years. Ronnie Davis, chief economist at PIA/GATF, noted that U.S. printers’ sales reached $171 billion in 2006, a gain of 3.3 percent over the previous year and a major rebound from a low point of about $156 billion in 2002. He forecasts increases of about 1.5 percent in 2007 and 2.5 percent in 2008. Significant growth is coming from
RESTON, VA—April 4, 2007—The first NPES Industry Summit, held recently in Chicago, provided an optimistic view of print’s current and future prospects and a preview of the world’s most promising growth markets for the years ahead. The Summit, presented by NPES The Association for Suppliers of Printing, Publishing and Converting Technologies, combined the 26th edition of the PRINT OUTLOOK® economic forecasting conference with the NPES Spring Conference and the Spring meeting of PRIMIRSM, the Print Industries Market Information and Research Organization. “Bringing the annual PRINT OUTLOOK together with the PRIMIR Spring Meeting and the NPES Spring Conference in a central locale like Chicago provided