Friday, March 04, 2005

Leading indicators 

When I went to graduate school 25 years ago it was my expectation to become an economic forecaster, and I still do some forecasting though it probably isn't what I spend most of my time researching. Still, I think the Cranky Professor has found a leading indicator of the decline of the MSM.
According to the Pulp & Paper Products Council's (PPPC) latest report, released Feb. 23, consumption by U.S. dailies fell 3.1% in January 2005 compared to January 2004, despite an extra Sunday this January.

While Canadian newsprint demand was up 2.2% year-over-year in January, total U.S. demand dropped 8.4%...
The thought of trees in Maine dying for another Nick Coleman column, I guess, was just too much to bear...