NEWSPAPERS TO INCREASE TECH SPENDING
New Plants, Presses Planned Despite Downturn
Releasing the figures at its all-but-deserted Nexpo show in New Orleans last week, the Newspaper Association of America said that, despite the economic slowdown, the 275 newspapers responding to its annual
capital equipment survey expect to increase their technology expenditure this year by 25.4% over last year.
The papers expected to spend $934 million this year, compared to actual spending last year of $745 million. At $234 million, plant construction was the biggest single planned expenditure category, followed by news presses at $160 million and computer hardware at $97 million.
Mark Fitzgerald (mfitzgerald@editorandpublisher.com) is editor at large for E&P.
Copyright 2001, Editor & Publisher.
Releasing the figures at its all-but-deserted Nexpo show in New Orleans last week, the Newspaper Association of America said that, despite the economic slowdown, the 275 newspapers responding to its annual
The papers expected to spend $934 million this year, compared to actual spending last year of $745 million. At $234 million, plant construction was the biggest single planned expenditure category, followed by news presses at $160 million and computer hardware at $97 million.
Mark Fitzgerald (mfitzgerald@editorandpublisher.com) is editor at large for E&P.
Copyright 2001, Editor & Publisher.
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