Printing Industry Quick Facts

Having more information helps you understand your industry and its trends, and the resulting impact on your business.

Did you know?

• More than 32 billion custom publications circulate annually in the United States, with total annual expenditures amounting to nearly $30 billion, according to the 2006 Custom Publishing Review Annual Report.
  If a big mistake ends up in a final printed piece, errors and omissions insurance for printers can provide coverage if a claim is filed against you.
  
  
• The printing industry segment with the greatest number of employees is commercial lithographic printing, says the Bureau of Labor Statistics.
  Protect your employees and your business with worker’s compensation insurance from Nationwide.
  
  
• According to the National Association for Printing Leadership, companies with fewer than 20 employees account for approximately 78% of the industry’s total establishments but represent only 14% of total sales.
  If a fire damaged your building and the contents inside, Nationwide’s business property insurance would help you get back in business soon.
  
  
• According to the Bureau of Labor Statistics, there are approximately 35,000 commercial printing businesses in the U.S.
  Equipment breakdown insurance will cover for repairs and even replacement if your printing equipment should fail.
  
  
• A 2006 survey by Graphic Design USA magazine found that 90% of the designers polled have worked in print during the last year, and that 71% of the designers’ total work hours were devoted to print driven projects.
  If a power surge or interruption of electrical service outside of your business causes a breakdown of equipment, you’re covered with utility services insurance.

Product, coverage, discounts, insurance terms, definitions, and other descriptions are intended for informational purposes only and do not in any way replace or modify the definitions and information contained in your individual insurance contracts, policies, and/or declaration pages from Nationwide-affiliated underwriting companies, which are controlling. Such products, coverages, terms, and discounts may vary by state and exclusions may apply.