State of the Industry: Print and Packaging
Printing Industries of America’s Ronnie H. Davis, Ph.D., vice president and chief economist, and Edward Gleeson, manager of economic and market research, provide an overview of the economy as it relates to general and package printing.
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At this time it appears that the economic recovery will be modest by past standards, with the economy growing less than 3 percent in 2010 and just 3 percent in 2011. These rates are about 60 to 70 percent of the average recovery pace achieved over the previous four recoveries. Even so, the pace of growth in 2010 and 2011 will likely be higher than the pace of 2012 and beyond, since the first two years of recovery are typically the most robust of the cycle.
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- Companies:
- Printing Industries of America, Inc.
- People:
- Ronnie H. Davis
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