The Slide Slows 8/16/2011
The Slide Slows
by David Hachmeister
Stamp sales fell about 13 percent this month. The rate of decline seems to be slowing. Actually, more shops were up than down for the month. We hear very good anecdotal evidence of reserved optimism, which after more than three years of tough times for the industry, does not sound too bad.
Other products are definitely slowing. Growth came in at just over three percent. After an all-time peak of 25 percent growth in March, things appear to be cooling considerably.
Click each graph for a larger view.