GPO Work to Private Sector Declines in First Quarter
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According to the Printing Industries of America (PIA), the print industry consists of nearly a million small business people. The average commercial printer has about 25 employees and revenue in the $4.5 million range. This is no longer true, as many of these printers have been hit hard by the recession and are seeking work wherever they can find it. Government work keeps many in business, especially when developed as a secondary market to complement commercial printing, Snider said.
Approximately 10,000 print companies are registered to do work for GPO. The value of GPO work awarded to the private sector is approximately $425 million a year.
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