Semper Workforce Solutions Q1 Survey Results
Semper Workforce Solutions has released the results of the 2023 first-quarter survey of the printing and packaging industries. The survey results reflect a marked slowdown and increased concern for new sales. The start of the banking crisis and the steady increase of interest rates is causing industry economic pain.
Dave Regan, Semper International Co-Founder and CEO, shared, “For the first time since we restarted the survey, the need for sales appeared to increase, second only to issues around the economy. When you take the weakness of the economy coupled with the need for sales, 75% of our respondents expressed increased concern for business development and the lack of demand, we have the mixings for a possible recession.”
After an initial review of second-quarter engagements and activity, Regan added, “We are really seeing increased availability of skilled talent across the board and within all regions of the U.S.”
The data collected for each survey represents several industry categories: commercial printing, packaging, display and large format graphics, apparel and decorating, and others. Critical to this report is a commitment from contributors to provide steady consistent quarterly data. Semper’s objective is to provide data that is a balanced mix of geography, revenue, and company types.