Michael Evans

In an uncertain economy, package printers should stay in aggressive pursuit of profit-generating capabilities and growth markets. NEWS FROM THE NPES 2002 Print Outlook® conference was predictably somber. Printing Industries Association (PIA) Chief Economist Ron Davis related before the terrorist attacks of September 11, projections forecast print industry sales to grow to $169 billion in the following year, a meager 3 percent annual gain. Post-September 11 predictions for 2002 were scaled back to $166 billion. NPES Consulting Economist Michael Evans also had dismal tidings for equipment manufacturers: total printing equipment shipments had dropped approximately 18 percent from last year's levels in both the