Profitable Memories: The Hobby Industry Association reports scrapbooking is its fastest-growing sector, with sales of supplies quadrupling in the last 5 years, to an estimated $2 billion. And that figure is expected to grow 40% to 80% annually over the next 5 years. While the industry had too few players to count in the ‘90’s, Scrapbook Retailer magazine says that there are now about 3,000 independent scrapbook supply stores in the U.S. and 1,600 manufacturers of specialty scrapbooking products. (NY Times 12/28/03)
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