The Newspaper Association of America's annual Capital Equipment Expenditures Survey found that the responding newspapers are continuing to invest in equipment and technology at about the same level as
last year. The total projected spending for the 196 responding newspapers is essentially flat, $476 million, compared with actual 2001 spending of $478 million. “Newspapers have been weathering a
difficult cycle over the last year or so, but the industry is in a good position as we start to see the first signs of a moderate upswing in the economy," said NAA Senior Vice President of Technology
Tom Croteau. "As this survey demonstrates, newspaper companies are continuing to think ahead and continuing to invest in their future."