We got bad news and we got good news: December 2022 printing shipments came in at $6.97 billion, down from November’s $7.10 billion. December shipments traditionally take a tumble as business slows down for the holidays, and we’re happy to say that we are fully back to our normal pattern. However, we still recall how excited we were in January 2020 after reviewing 2019 data, so we’re aware that things can change dramatically virtually overnight.
Now for the good news. January to December shipments for 2022 came in at $83.47 billion, an improvement over 2021’s $82.05 billion. We may never return to the heady heights of 2019–2019, but we’re holding our own as an industry. Can we keep it going into 2023?