Survey Shows That The U.s. Printing Industry Is Recovering
In its latest report that the United States in August Printing and related support activities increased more than in July. Overall, in 18 areas surveyed manufacturers, 11 experienced growth during this period, which ranked fifth printing industry.
HC screen Special Indian network The latest report showed U.S. manufacturing activity Print Industry growth occurred in August this year, but industry economists generally skeptical.
The U.S. Institute for Supply Management (Institute for SupplyManagement, ISM) released its latest report that the United States in August Printing and related support activities increased more than in July. Overall, in 18 manufacturing industries surveyed areas, 11 experienced growth in this period, which ranked fifth printing industry. The growth rate of paper products ranked third, but the association did not disclose the specific gains in each area.
Report claims that the U.S. manufacturing sector experienced a decline of 18 months in August after the last signs of recovery emerged.
The U.S. ISM manufacturing index in August from 48.9% in July rose to 52.9%, higher than previously expected, the highest since June 2007 the highest level since. The index above 50% or show growth in manufacturing activity, and vice versa showed that manufacturing activity shrinking.
The U.S. Institute for Supply Management manufacturing survey committee, Xinuobote? Orr (NorbertOre) said: “It basically means the manufacturing recession is over.”
Institute for Supply Management manufacturing methods and the definition of areas of the U.S. population the same way as the definition of Council. Under this definition, the printing and related activities are mainly related to the field with 14, including pre-press services, commercial offset printing and digital printing; and paper products category and include pulp mills, envelope manufacturing and paper manufacturing, including 27 area of the.
The U.S. Institute for Supply Management is through the United States of purchasing and supply executives in the investigation and come to these conclusions. The association’s vice president of technology and publishing te Korea? Tracy (TerriTracey), said about 300 to 400 charge to receive their investigation, but he does not know how many of them are from the printing industry.
Orr that the printing and related industries are often the earliest recovery after the recession one of the areas.
The American Printing Industry Association (Printing Industries ofAmerica) economic and market research director Ed? Gleason (EdGleeson) views on this issue the contrary, he thought the level of the printing industry downturn than other sectors to much more serious, they need more time to achieve recovery.
Printing Industries of America survey released in July show: Printing Sell Amount in the first half of 2009 decreased by 4.75%, the association in writing of the report during the course of 253 printing enterprises surveyed, of which 58% came from commercial printers.
Gleason so far have not seen the U.S. Institute for Supply Management report, but he thought the printing industry this year will not increase.
Although the two camps held and concessions to each other, but Orr was that they both are not wrong, he said, “I think we see is two different sets of data, our data more emphasis on trade between the month changes. ”
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