This section focuses on analyzing the structural change of the industry. As a service to the printing and publishing industries, WhatTheyThink provides access to economic, industry trends and other data that is valuable to industry executives for strategic planning and research purposes.
The new Printing Outlook 2022 report provides detailed analysis of the latest WhatTheyThink Business Outlook Survey, the latest industry economic data and macroeconomic trends, as well as industry and cultural technological trends to look out for in 2022.
A collection of regularly updated industry data about various measures of business activity. Continuously updated.
The number of establishments in the US organized by NAICS (North American Industrial Classification System). Updated annually.
According to County Business Patterns, in 2010, US establishments in NAICS 323111 had an annual payroll of $15.9 billion. Payrolls dipped during and in the aftermath of the Great Recession and then rose, at least on a current dollar basis, over the latter half of the decade before dropping in 2019, finishing out the decade at $16.3 billion in 2019. However adjusting for inflation, payrolls declined by -12% over the course of the decade. In macro news: inflation is starting to slow ever so slightly. Full Analysis
In March 2022, all printing employment was up +0.2% from February. Non-production printing employment was up +2.7%, but production employment was down -0.9%. Full Analysis
According to County Business Patterns, in 2010, US establishments in NAICS 32311 had an annual payroll of $18.8 billion. Payrolls dipped during and in the aftermath of the Great Recession and then rose, at least on a current dollar basis, over the latter half of the decade, coming in at $19.6 billion in 2019. However adjusting for inflation, payrolls declined by -11% over the course of the decade. In macro news: GDP decreased by 1.4% in Q1 2022. Full Analysis
February 2022 shipments came in at $6.53 billion, down from January’s $6.67 billion. As we remarked last month we’re starting the year better than we did 2021 and reverting back to our normal seasonality trends. Full Analysis
According to County Business Patterns, in 2010, US establishments in NAICS 323 had an annual payroll of $20.2 billion. Payrolls dipped during and in the aftermath of the Great Recession. They rose, at least on a current dollar basis, over the latter half of the decade, coming in at $20.7 billion in 2019. However adjusting for inflation, payrolls declined by -13% over the course of the decade. In macro news: forecasters are not expecting a happy Q1 GDP report. Full Analysis
In this exclusive report, we found a modest positive relationship between the decline in average consumption of margarine and the value of printing shipments. Full Analysis
According to County Business Patterns, in 2010, there were 24,534 employees in NAICS 541850 (Outdoor Advertising). This NAICS actually grew post-Great Recession, with a slight decline mid-decade before climbing back up to 27,620 establishments in 2017. 2018 and 2019 saw a drop in employees. In macro news: AIA’s Architecture Billings Index (ABI) indicates that demand for design services continues to grow, boding well for commercial real estate construction and thus signage projects. Full Analysis
January 2022 shipments came in at $6.64 billion, down from December’s $7.09 billion. We’re starting the year better than we did 2021 and reverting back to our normal seasonality trends. Full Analysis
According to County Business Patterns, in 2010, there were 70,507 employees in NAICS 33995 (Sign Manufacturing). This NAICS category tumbled in the wake of the Great Recession, ultimately climbing to 76,944 employees in 2019. In macro news: Inflation continues to continue to climb. Full Analysis
In January 2022, all printing employment was down -2.6% from December, with production employment down -4.1%. Non-production printing employment offset that a bit by being up a modest +0.9%. Full Analysis
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