Commercial Printing Outlook : Healing Light Cast on 2011

There's no question that the economy is healing, agrees Andrew Paparozzi, NAPL's chief economist and vice president. "Any indicator you look at—whether it is employment or GDP, consumer spending or industrial production—is noticeably and meaningfully stronger than it was a year ago. But it is a painfully slow and maddeningly inconsistent process because we created such severe excesses. There's simply no easy way to purge those excesses. It is happening, but it's going to take time."