According to the most recent issue of County Business Patterns, in 2020, there were 379 institutions in NAICS 323117 (book printing). This represents a 29% decline since 2010. In the macro news, highlights from the Fed’s latest “Big Book”.
Latest version of boycott work patterns Recently released, which includes 2020 data. At the beginning of 2020, there were 379 institutions in NAICS 323117 (book printing). This is a 29% decline since 2010. You can see that book printing establishments have been up and down over the decade, and the ebb and flow of this business class reflects the old story of standardization as well as the results of both store and specialty diversification. Today’s equipment (inkjet production in particular) can produce a wide variety of printing products, so stores don’t have to stick to any particular venue the way they used to. So some “book printers” may not just consider themselves book printers, and therefore classify themselves as general commercial printers or another business category that best describes what they do. It also goes the other way: books have always remained a popular print product, and as more book production moves into the on-demand digital variety, it can be an important place to go all on its own. Books also lend themselves to more specialized workflows (highly integrated text printing, cover printing, binding and shipping) so it often makes sense to dedicate production to only books, especially if volume is present.
Unlike other printing classes, book printing establishments are not concentrated at the lower end of the headcount spectrum. Convenience stores (1-9 employees) still make up the bulk of the book printing industry, but only represent 58% of all establishments. The largest shops represent nearly a quarter (22%) of the industrial establishments, with medium-sized shops representing 21% of the establishments.
These statistics are based on data from the Census Bureau boycott work patterns. During this year, we will update this data series with the latest ones CBP Numbers. boycott work patterns It includes other data, such as the number of employees, payroll, etc. These numbers are broken down by commercial printing business classification (based on NAICS, the North American Industrial Classification System). next one:
- 32312 (Print support activities — also known as prepress and postpress services)
This comprehensive annual data and trends, like other demographic data, can be used not only for business planning and forecasting, but also for allocating sales and marketing resources.
Coming to our census: To illustrate what is included in CBP’s 2020 statistics, the Census Bureau gave us this answer:
Organization numbers represent the number of locations with paid employees at any time during the year.…
Thus, if the institution is open at any time during the year, it will be included in the Customs and Border Protection census of the number of institutions for the year 2020 CBP. Hypothetically, if a business opened in January 2020 but closed due to any number of factors (including COVID-19) during the year, it would be included in the number of establishments for 2020 CBP.
Thanks for the Census Bureau!
This macro moment…
This week the Federal Reserve published its latest “Beige Book” (also known as a “Summary of Commentary on Current Economic Conditions”), which is released eight times a year. The Beige Book collects more or less narrative information on economic conditions in each of the twelve Federal Reserve regions. It is not quantitative, it is based on conversations with managers of banks and branches, interviews with key business contacts, economists, market experts and others. Published as a precursor to FOMC meetings.
You can read everything over here, particularly the reports from your Federal District, but here are a few selected comments. Note that it is based on information collected prior to August 29, 2022.
general economic activity
Economic activity has not changed, in a balanced way, since early July, with five provinces reporting slight to modest growth in activity and five other regions reporting a slight to moderate decline. Most regions reported flat consumer spending as households continued to decline trade and shift spending away from discretionary goods and toward food and other basic items. Auto sales remained quiet in most areas, reflecting limited inventories and higher prices. Hospitality and tourism contacts highlighted strong leisure travel activity in general, with some reporting a slight increase in business and group travel. Manufacturing activity grew in many regions, although there were some reports of lower production as supply chain disruptions and labor shortages continued to hamper production.
The biggest weaknesses were real estate and related activity. For prices:
Price levels remained very high, but nine regions reported a certain degree of moderation in their rate of increase. Significant price increases were reported in all regions, particularly for food, rent, utilities and hospitality services. While manufacturing and construction input costs remained high, lower fuel prices and cooling aggregate demand eased cost pressures, especially freight rates. Several regions reported some declines in steel, lumber, and copper prices. Most contacts expected price pressures to continue at least through the end of the year.