Industry News, Market Research

Economist Says Modest Sales Growth Fails to Boost Profitability

Sales grew 1% in 1Q 2017, lifting volume to $85 billion.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Industry sales continue to grow at last year’s modest pace – increasing another 1% and lifting volume to $85 billion in the first quarter of 2017 – but that growth isn’t strong enough to appreciably boost profitability or pricing power, reported Andrew Paparozzi, Idealliance chief economist, in the Summer 2017 issue of the State of the Industry Update newsletter.   “In our January update, we argued that business would begin to accelerate late this year as at least part of the stimulus proposed...

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