No More Big Squeeze
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The first half of 2003 was "slow for trades, better for education," says Ed Lane, president of the book group at R.R. Donnelley & Sons Inc., Chicago. Next year Lane projects a reduction in el-hi sales, as school districts are finished with textbook selection and replacement. But the trade business, Lane says, should pick up. Overall, 2004 "will be challenging, but 2005 and 2006 will see a more robust recovery," Lane says.
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