Commercial Printing Outlook — Tepid Vote of Confidence

Better than Forecasted

Ronnie H. Davis, Ph.D. and PIA/ GATF’s chief economist, has been surprised by the strength of the economy in 2007. “The ‘official’ PIA/GATF forecast called for a bit of slowdown to about 1.5 to 2 percent growth in the economy and 2 percent growth in nominal printing shipments this year. We’re probably going to end up at over 2.5 percent growth in the economy and around 2.5 or 3 percent growth in print markets,” he reports.