Real estate ($2.0T, +1 percent; with $11.0B to print, +4 percent) is Number 6. Commercial non-infrastructure, manufactured homes and mortgage fees ($2.5B to print, -14 percent) will be very sub-prime for our medium as office and retail construction remain slow and storefront mortgage firms collapse. The battered residential new/resale/condo and rentals ($8.5B to print, -9 percent) categories will reduce print spends for literature, signage, direct mail and free publications. The only opportunities will be among brand consolidators because three-quarters of realtors are independent.
- People:
- Jack Welch
- Places:
- United States
Vincent Mallardi, C.M.C., is a the chairman of the Printing Brokerage/Buyers Association International (PBBA) and is a Certified Management Consultant in the paper, printing and converting industries. He is also an adjunct professor in economics. Contact him via email at vince@pbba.org