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Survey Finds Stagnation in U.S. Printing Industry Profitability
October 30, 2013 By PrintAction Staff
Semper International, a placement firm that services the graphic arts and printing industry, has published a study in which it found that despite some growth in Q3, the industry will likely witness some stagnation in the fourth quarter.
“Every sector of the economy has felt the effects of government mismanagement. From sequester to the recent government shutdown, the government’s lack of activity is hurting people,” says Dave Regan, CEO of Semper. “Semper is in the unique position of seeing the pain from both sides of the coin. We see companies struggling to keep their doors open, and we see jobseekers struggling to put food on the table and keep a roof over their heads. We need Washington to step up and provide the stability and incentives businesses need to see to start hiring and investing. It’s the only way we’re going to get the economy moving again.”
Survey participants include more than 300 small, medium and large printing companies in the U.S.; both clients and prospects of Semper International. While a few Canadian companies were asked, none participated in this survey. Participants provide data on revenue and hiring as well as estimated outlooks on future trends. Data is requested from a random sample and is not screened. Semper has been running quarterly surveys since February 2003.
Key findings from the study include:
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