--- title: "Meaning & Key Takeaway of: I assumed that the pencil market was…" description: "\"I assumed that the pencil market was collapsing, but then it turns out that from 2010 to 2011 in the United States, pencil consumption went up by over ..." image: "https://sms4smile.com/quotes/i/32b/david-rees-13338_chinese_i-assumed-that-the-pencil-market-was-col_2965412.png" --- # I assumed that the pencil market was collapsing, but then… ![“I assumed that the pencil market was collapsing, but then it turns out that from 2010 to 2011 in the United States, pencil consumption went up by over six percent. I mean, those are all foreign-made pencils. Those are probably Chinese pencils, mostly, and Mexican pencils. I mean, it is an archaic…” quote by David Rees](https://sms4smile.com/quotes/i/32b/david-rees-13338_chinese_i-assumed-that-the-pencil-market-was-col_2965412.png) [Download](https://sms4smile.com/quotes/i/32b/david-rees-13338_chinese_i-assumed-that-the-pencil-market-was-col_2965412.png) [Open image](https://sms4smile.com/quotes/i/32b/david-rees-13338_chinese_i-assumed-that-the-pencil-market-was-col_2965412.png) > “I assumed that the pencil market was collapsing, but then it turns out that from 2010 to 2011 in the United States, pencil consumption went up by over six percent. I mean, those are all foreign-made pencils. Those are probably Chinese pencils, mostly, and Mexican pencils. I mean, it is an archaic communication technology, but it is still ubiquitous.” [David Rees](https://sms4smile.com/quotes/author/david-rees/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The speaker highlights a surprising market trend where a seemingly outdated product, pencils, actually grew in demand despite assumptions of decline. **In simple terms:** Pencils, though old, still see rising use. Key Takeaway Don’t dismiss old tech without data. Themes market trends technology adoption economics Mood analytical curious Type observational insightful When to use this quote - business analysis - product planning - market research - trend forecasting Key Concepts supply chain consumer behavior global trade Questions to Reflect On - What other “old” technologies might be underestimated? - How can businesses verify market assumptions? A Different Perspective Data may be limited to specific regions or years, not a global long‑term pattern. ★ ★ ★ ★ ★ No ratings yet [Chinese](https://sms4smile.com/quotes/about/chinese/) [Chinese Pencils](https://sms4smile.com/quotes/about/chinese-pencils-4538481/) [Communication](https://sms4smile.com/quotes/about/communication/) [Communication technology](https://sms4smile.com/quotes/about/communication-technology/) [Consumption](https://sms4smile.com/quotes/about/consumption/) [Foreign Pencils](https://sms4smile.com/quotes/about/foreign-pencils-4538480/) [Investing](https://sms4smile.com/quotes/about/investing/) [Made](https://sms4smile.com/quotes/about/made/) [Mean](https://sms4smile.com/quotes/about/mean/) [Mexican](https://sms4smile.com/quotes/about/mexican/) [Mexican Pencils](https://sms4smile.com/quotes/about/mexican-pencils-4538483/) [Pencil](https://sms4smile.com/quotes/about/pencil/) [Pencil Consumption](https://sms4smile.com/quotes/about/pencil-consumption-4538479/) [Pencils](https://sms4smile.com/quotes/about/pencils/) [Pencils Probably](https://sms4smile.com/quotes/about/pencils-probably-4538482/) [Percent](https://sms4smile.com/quotes/about/percent/) [Six](https://sms4smile.com/quotes/about/six/) [States](https://sms4smile.com/quotes/about/states/) [Stills](https://sms4smile.com/quotes/about/stills/) [Technology](https://sms4smile.com/quotes/about/technology/) [Turns](https://sms4smile.com/quotes/about/turns/) [United](https://sms4smile.com/quotes/about/united/) [United states](https://sms4smile.com/quotes/about/united-states/) ## Related quotes > [Terrorists are linked to money laundering, dirty money, drug dealing, arms trafficking. 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