HOT MARKETS AT MID-YEAR — ECONOMIC DEFICIT DISORDER
The soaring Dow and searing spate of M&As, including those of the exchanges, are setting records for digital printing and commercial web and sheetfed: $5.2B is the yield.
Within publishing, health and technology, printing is selectively robust by segment. In #2-ranked Publishing ($106B in revenues; with $14B to print, +2 percent), professional and educational books lead the sector at 8 percent. McGraw Hill (+26 percent) and Scholastic (+17 percent) are the bestsellers as federal spending and state adoptions increase.
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
