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ISA Quarterly Economic Report Finds Improvement in Q3, but Recovery Is Still a Long Ways Off

According to the Q3 2020 ISA Quarterly Economic Report, it’s going to be a long, hard slog to full recovery, and not just domestically. 2021 will be an improvement, but don’t expect the “new normal” (whatever that is) until 2022.

Monday, December 14, 2020

On October 21, the International Sign Association (ISA) hosted a Q3 2020 economic webinar that looked at the current state of the sign industry, and offered a general macroeconomic short and long view. The webinar was based on the ISA Sign Industry Quarterly Economic Report and was presented by Shane Norton and Leslie Levesque, Director and Associate Director, respectively, of IHS Markit, who produced the report. The report was sponsored by the National Association of Sign Supply Distributors (NASSD).

The session began by providing some macroeconomic context with which you are probably already pretty familiar. The macroeconomic assumptions underlying the sign industry forecast are:

The researchers attribute the decline in GDP growth to the dwindling of fiscal support and the continued high rates of COVID-19 infection. “There is no expectation of further stimulus,” said Norton.


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About Richard Romano

Richard Romano is Managing Editor of WhatTheyThink.  He curates the Wide Format section on WhatTheyThink.com. He has been writing about the graphic communications industry for more than 25 years. He is the author or coauthor of more than half a dozen books on printing technology and business. His most recent book is “Beyond Paper: An Interactive Guide to Wide-Format and Specialty Printing.

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