Printing decreases for first time in U.S.?

Printing decreases for first time in U.S.? According to researcher, Jake Wang, of IDC:

- “Starting with the fourth quarter of 2008, we saw a definite drop in printer page outputs”
- IDC uses computer software to monitor the use of 700,000 printers and MFPs in the U.S.
- “It was like going over a waterfall.”
- Total of 1.5 trillion pages for the year, or 5,000 sheets of printouts per man, woman & child.
- Predicts drop of 10% in 2010.
- “When an economy sheds million of workers, there are that many employees who aren’t
doing the printing”
- “I’m thinking fewer contracts are signed. Fewer documents sent from one person to another”
- Expects increase in 2011 after the recovery.
- Forrester Research predicts that electronic bank statements will start declining in 2010.
- In 2007, the Securities & Exchange Commission stopped requiring corporations to mail out printed annual reports to shareholders.