HOT MARKETS AT MID-YEAR — ECONOMIC DEFICIT DISORDER
Pain at the pump has, curiously, not yet curbed consumer spending for other commodities. In fact, “now-or-never” anticipatory purchasing (or denial) is rampant in three areas. Foremost is Fashion ($450B; with $8.5B to print, +7 percent) at #10, dressing up in luxury accessories (+10 percent) and jewelry (+17 percent).
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
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