Slow to Recover
by David Hachmeister
In the past we have discussed how stamps are the last in and last out of a recession. The recent Industry Indicators make a very strong statistical case. Stamps were actually up a bit in February and March of 2009! Our string of double-digit losses didn't begin until April. By then other products had already been down for five consecutive months. Other products have recovered and are limping along near a no-growth pace. Stamps are down about 20 percent on average for the last six months.
For more details be sure to see the February issue of Marking Industry Magazine!
Click each graph for a larger view.