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| Commercial Printing - Sample |
XX/XX/200X |
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INDUSTRY INDICATORS
US corporate profits, an indicator for corporate demand for printing services, fell 8.3 percent in the second quarter of 2008 compared to the same period a year ago.
The spot price of crude oil, a key cost factor in commercial printing operations, increased 5.9 percent in the week ending October 10, 2008, compared to the same week a year ago.
QUARTERLY INDUSTRY UPDATE
Phone Books Controversial - Phone book publishers again face accusations from environmentalists and waste reduction experts for overproducing. Legislation recently introduced in New York is the latest designed to make it easier for customers to stop receiving phone books. Seven states have previously tried to pass similar legislation, though none of the proposals has passed.
Industry Associations Band Together for Environment - An alliance of printing industry associations and industry groups has created the Sustainable Green Printing Partnership (SGP Partnership) to make it easier for customers to order printing jobs from environmentally friendly printers. The SGP Partnership will act as a searchable database that printers may join if they meet specific criteria. The Partnership claims a high level of interest from several printing companies.
Major Contract Amid Economic Woes - Commercial printing giant Quebecor World and Canada Wide Media have announced a major new contract. The contract, reportedly worth $45 million and spanning seven years, will focus primarily on magazine printing. Though not a surprise given the two companies' historical relationship, the contract shows that parts of the industry are still healthy despite overall economic woes.
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Commercial Printing SIC Codes: 2732, 2752, 2754, 2759 |
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