Commercial Printing Outlook — Tepid Vote of Confidence

There may be a greater likelihood of industry sales trending toward the lower half of that range—1.5 to 2 percent, the printing industry economist continues. The broader economic outlook is the reason to be bearish.

“The economy, although likely to avoid recession, has clearly slowed and is feeling the effects of all the things in the headlines,” Paparozzi explains. Chief among these are the excesses in the mortgage markets that have created difficulties in the financial and housing sectors. Then there’s rising gas prices, consumers feeling insecure about the future and continued unrest in spots around the globe.