BECOME A MEMBER 
22 August 2019
Growth and confidence hit in Q2 – output expected to recover in Q3
GROWTH AND CONFIDENCE HIT IN Q2 – OUTPUT EXPECTED TO RECOVER IN Q3 BUT RESTORING CONFIDENCE WILL TAKE LONGER
The UK printing industry was not immune to the economic turmoil in the second quarter of 2019 - both output and orders suffered a contraction to duck below the forecasts and into negative territory. Orders are expected to remain subdued in Q3 but output is expected to bounce back.
The latest Printing Outlook survey shows 32% of printers increased output levels in the second quarter of 2019. The remaining respondents were split evenly; 34% held output steady and 34% experienced a decline in output.
The resulting balance (the difference between the ups and the downs) was -2, a continuation of the decline experiences in Q1 that followed the Q4 seasonal boost. This was an underperformance in comparison to the forecast for Q2 (the forecasted balance was +8).
Downloads
7 November 2024
The pace of growth in output and orders picked up in Q3 as the UK's printing and printed packaging industry benefitted from a previously delayed boost in confidence materialising in the third quarter of 2024.
Pay Review and Wage Benchmarking - NEW UPDATE
11 November 2024
We have collated data from multiple sources that should be useful for BPIF members that are approaching internal pay reviews, and/or are having a closer look at their pay and benefits structure.
