Book Manufacturers’ Institute Releases Industry Barometer Survey Results for November
For Immediate Release
Matt Baehr, BMI Executive Director
[BRADENTON, FL—November 16, 2022] The Book Manufacturers’ Institute (BMI) released the November results for its monthly survey on capacity and lead times for soft cover and hard cover books. As the book manufacturing landscape has changed recently, BMI put together the survey to get a better idea of what manufacturers were facing and what publishers should expect.
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. The average lead time for completed hard cover books went down to 59 days from 62 days, based on 16 responses. For soft cover books, capacity usage dropped to 81% from 83%. The average lead time dropped to 38 days from 45 days, based on 20 responses.
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.