Tuesday, April 18, 2017

CAN A NAME BADGE MANUFACTURER PREDICT THE DOW JONES INDUSTRIAL AVAERAGE?


"In analyzing our sales on a 12-month rolling basis during a three-year period from January 2013-March 2017, we found that our name badge sales are three months ahead of the Dow's performance," said Kristin MacMillan, President of Imprint Plus. "Our volume dipped in January indicating that the DJIA would take a downturn in March 2017, and in actuality lost 522.33 points for the month. The good news is that our volume quickly rebounded in March. If the correlation holds, the Dow should rebound
We already are aware that name badges can be considered as economic indicators, since they are worn by workers in almost every industry. When more name badges are ordered that indicates that more people are working fueling the economy. So when Imprint Plus, global manufacturers of professional, re-usable, customized name badges, set out to track the company's sales history as it relates to the Dow Jones Industry Average, the results were surprising.

NEW YORK, NY, April 18, 2017 -- When Imprint Plus, global manufacturers of professional, re-usable, customized name badges, set out to track the company’s sales history as it relates to the Dow Jones Industry Average, the results were surprising.  After all, name badge manufacturers are not considered investment indicators, but in the case of Imprint Plus, which supplies over 35,000 customers worldwide, the sales data did indeed correlate to the Dow Jones. 

“In analyzing our sales on a 12-month rolling basis during a three-year period from January 2013-March 2017, we found that our name badge sales are three months ahead of the Dow’s performance,” said Kristin MacMillan, President of Imprint Plus.  “Our volume dipped in January indicating that the DJIA would take a downturn in March 2017, and in actuality lost 522.33 points for the month. The good news is that our volume quickly rebounded in March.  If the correlation holds, the Dow should rebound in June.” 

Imprint Plus represents major industries around the globe including Retail, Hospitality, Food and Beverage, Financial Institutions, Government and Military branches, Healthcare and Parks of Recreation – all of which contribute to the Dow.

Imprint Plus name badges and signage systems range from customized company name badge and signage for large numbers of employees; to The Mighty Badge Kit, perfect for small to mid-size businesses with 10-50 employees; to YouWho name badges in two- and four-unit kits starting at $29. For information on name badges, visit www.imprintplus.com, www.themightybadge.com, or www.youwhobadges.com.

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Contact:  Cathy Callegari – 212-579-1370 or cathy@callprinc.com

               Liz Ammirato – 845-621-2005 or liz@callprinc.com

Media Contact
Company Name: CATHY CALLEGARI PUBLIC RELATIONS INC
Contact Person: Cathy Callegari
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Phone: 2125791370
Address:220 Riverside Boulevard - 14G
City: New York
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Country: United States
Website: www.callprinc.com