Book Manufacturers’ Institute Releases Industry Barometer Survey Results for December
For Immediate Release
Matt Baehr, BMI Executive Director
[BRADENTON, FL—December 14, 2022] The Book Manufacturers’ Institute (BMI) released the December results for its monthly survey on capacity and lead times for soft cover and hard cover books.
This month held fairly steady on capacities but showed lead times continuing to decline. According to responses regarding hard cover books, the average manufacturer was running at 82% of their capacity, equal to October and November. The average lead time for completed hard cover books went down to 50 days from 59 days, continuing the trend. For soft cover books, capacity usage stayed similar at 82% compared to 81% last month. The average lead time dropped to 33 days from 38 days, continuing that trend as well.
With the everchanging book manufacturing landscape, publishers and others that are looking for printers can use the BMI’s RFQ tool called BMISource that will help pair them with printers who may have the capacity and resources to help them complete their project. That can be found at https://www.bmibook.com/bmisource.
About the Book Manufacturer’s Institute
The Book Manufacturers’ Institute is a not-for-profit trade organization that supports book manufacturing leaders in their work to drive the promotion, efficiency, and growth of book markets for readers and educators in North America.
Since 1933, BMI has provided tremendous value to its member companies and others associated with the book manufacturing industry. BMI member companies range from full-service book manufacturers to those specializing in the digital print market, specialty binderies, component printers, packagers, equipment manufacturers, and suppliers of a variety of materials and services.