Resilient Industry Despite Major Sales Declines

You can now download for free NPRC’s latest Covid-19 Report. Based upon a survey conducted in mid-July 2020 that attracted almost 200 printers, this report offers a detailed look at sales and productivity in the printing industry.

Although the industry has been forced to tighten its belt and make significant adjustment in daily operations, the report notes a “ray of optimism in terms of how printers continue to handle accounts payable. The new report also notes that 89% of survey participants indicate they are either “back to normal” or open under modified hours of operation. Only 11% of respondents indicated they remained “closed to the public.”

Download this special FREE report by clicking here or the artwork to the left. Please note that these NPRC surveys and reports are published and distributed free throughout the printing industry.

If you are interested in furthering and encouraging the type of research represented by surveys such as these, we encourage you to support our efforts by joining NPRC. With annual dues of only $240, your contribution will go a long way towards ensuring that top-notch research such as this continues in our industry.

Prospects that sales will return to “normal” by the end of 2020 are highly unlikely according to NPRC’s latest report.

Approximately 44% of industry report some degree of confidence that the economy with return to normal by July 2021, with the remainder being neutral or negative in their outlook.

 

 

218
Bookmark the permalink.

Comments are closed.