SOURCE: Industrial Info Resources

Industrial Info Resources

July 14, 2011 06:15 ET

Changing Technologies and Lifestyles Lead to Big Changes in Printing Industry, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Jul 14, 2011) - Researched by Industrial Info Resources (Sugar Land, Texas) -- The printing industry has been in a steady economic decline for the past few years. The increased use of online communications and advertising has led to a decline in the volume of printed materials, and consequently a decline in employment and project spending in the printing industry.

The four years from the start of 2004 through the end of 2007 saw 130 printing projects worth more than $2.1 billion reach completion in the U.S. and Canada, and represent a peak for the industry. In comparison, the four years from 2008 through 2011 (planned) show only 26 project completions, representing $410 million in project investment.

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Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. IIR's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. For more information send inquiries to industrialmanufacturing@industrialinfo.com or visit us online at www.industrialinfo.com.

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