Dr Webb recently published a report on the printing industry. A few highlights-
"The third quarter of 2009 continued a positive turnaround from a disastrous Q1,” said Dr. Webb. “The industry has had significant declines in volume for the last year, and has cut back staffing levels at a slightly faster rate than those sales declines. It may now be finding the right balance of productive capabilities, declining shipments, and price pressures of electronic media.”
In the report, Dr. Webb reviews the latest trends in shipments, profits, and capacity measures for the industry. He also discusses how it is likely that in the next six months the recession will probably be declared as over. “It is likely that the fourth quarter of 2009 will be identified as the recession's end."
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I believe volume also up 4Q2009 - but up from a poor 2008. I would enjoy hearing why Dr Webb thinks the recession is over. I see limited signs and we are predicting a difficult 2010 for our printing plants. This pulp and paper blog (well written - by the way) does not illustrate any silver lining or future uptick.
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