SGIA Releases 2011 Financial Outlook & Business Growth Plans Report
Monday, November 28, 2011
By WhatTheyThink Staff
SGIA has unveiled its 2011 Financial Outlook and Business Growth Plans Report, which evaluated financial trends and profitable business strategies for the specialty imaging community.
“SGIA Surveys and Statistics provide a unique industry view of how companies are growing their businesses, how they purchase equipment and how they view the health of their business now and in the future,” says Dan Marx, SGIA's Vice President of Markets and Technologies.
The full report, free to SGIA members and all survey participants, provides:
• Anticipated business and sales growth
• Equipment purchases, planned versus actual
• Accounts receivable and credit numbers
• Employee sales details
According to the report, graphic imagers are moving more toward digital printing, with 33.7 percent of respondents indicating total reliance on digital technology, while an overwhelming 78.7 percent of garment decorators still report a predilection for, or complete dependence upon, traditional screen printing.
The report also revealed that the graphics and garment decoration communities, alike, are optimistic about sales growth in 2011. Less than seven percent of garment decorators are expecting flat or declining growth, while 82 percent of graphics and sign companies are looking forward to positive growth.
To see all of the results from the 2011 Financial Outlook and Business Growth Plans Survey, access the full report at SGIA.org, Keyword: Survey.
SGIA press releases and supporting images are available at SGIA.org/press
SGIA - Supporting the Leaders of the Digital & Screen Printing Community
"Specialty imaging" comprises digital imaging, screen printing and the many other imaging technologies SGIA members use, including those they'll tap in the future. These are the imaging processes and technologies employed to create new products and to enhance existing products including point-of-purchase displays, printed electronics, membrane switches, signs, advertisements, garments, containers and vehicles. Make the most of your specialty imaging business.
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