Commercial Printing Outlook — Tepid Vote of Confidence

Surprisingly strong export numbers have helped buoy the economy, but consumers remain the key to avoiding a recession, NAPL’s Paparozzi asserts. Along with exports, other positives, he says, include the fact that employment is still growing (albeit at a slower rate) and the consumer has been remarkably steady. “That’s why most business analysts, including NAPL, don’t expect a full-fledge recession. All it would take is a significant shock to consumer confidence, though.”