Typography is the art and technique of arranging type to make written language legible, readable, and appealing when displayed.
The arrangement of type involves selecting typefaces, point sizes, line lengths, line-spacing (leading), and letter-spacing (tracking), and adjusting the space between pairs of letters.
The term typography is also applied to the style, arrangement, and appearance of the letters, numbers, and symbols created by the process.
Type design is a closely related craft, sometimes considered part of typography; most typographers do not design typefaces, and some type designers do not consider themselves typographers.
Typography also may be used as a decorative device, unrelated to communication of information.
Experimental typeface uses
The word “typography” in English comes from the Greek roots τύπος typos = “impression” and -γραφία -graphia = “writing”.
Although typically applied to printed, published, broadcast, and reproduced materials in contemporary times, all words, letters, symbols, and numbers written alongside the earliest naturalistic drawings by humans may be called typography.
The word, typography, is derived from the Greek words τύπος typos “form” or “impression” and γράφειν graphein “to write”, traces its origins to the first punches and dies used to make seals and currency in ancient times, which ties the concept to printing.
The design of typefaces has developed alongside the development of typesetting systems.
Although typography has evolved significantly from its origins, it is a largely conservative art that tends to cleave closely to tradition. This is because legibility is paramount, and so the typefaces that are the most readable usually are retained.
In addition, the evolution of typography is inextricably intertwined with lettering by hand and related art forms, especially formal styles, which thrived for centuries preceding typography, and so the evolution of typography must be discussed with reference to this relationship.
In contemporary use, the practice and study of typography include a broad range, covering all aspects of letter design and application, both mechanical (typesetting, type design, and typefaces) and manual (handwriting and calligraphy).
Typographical elements may appear in a wide variety of situations, including:
Display typography (described below)
Maps and labels
Vehicle instrument panels
As a component of industrial design—type on household appliances, pens, and wristwatches, for example
As a component in modern poetry (see, for example, the poetry of e. e. cummings)
Since digitization, typographical uses have spread to a wider range of applications, appearing on web pages, LCD mobile phone screens, and hand-held video games.
Traditionally, text is composed to create a readable, coherent, and visually satisfying typeface that works invisibly, without the awareness of the reader.
Even distribution of typeset material, with a minimum of distractions and anomalies, is aimed at producing clarity and transparency.
Choice of typeface(s) is the primary aspect of text typography—prose fiction, non-fiction, editorial, educational, religious, scientific, spiritual, and commercial writing all have differing characteristics and requirements of appropriate typefaces (and their fonts or styles).
For historic material, established text typefaces frequently are chosen according to a scheme of historical genre acquired by a long process of accretion, with considerable overlap among historical periods.
The Zacks Analyst Blog Highlights: HEICO, Group 1 Automotive, Rent-A-Center, Repligen and Strategic Education
For Immediate Release
Chicago, IL – June 4, 2019 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: HEICO Corp. HEI, Group 1 Automotive Inc. GPI, Rent-A-Center Inc. RCII, Repligen Corp. RGEN and Strategic Education Inc. STRA.
Here are highlights from Monday’s Analyst Blog:
U.S. Heading for Largest Economic Expansion: 5 Top Stocks
Finally, May's market mayhem is over. June 2019 promises to bring along fortunes as the United States is on the verge of completing the longest economic expansion. According to the National Bureau of Economic Research, the ongoing expansion started back in June 2009. The previous record of longest economic expansion was from March 1991 to March 2001.
Fundamentals of the U.S. economy remain strong with no nearby sign of recession. Despite the stock market rout in May, a closer look at the U.S. economy has a different story to tell, with enough reasons for further rally on Wall Street.
Stock Market Meltdown Likely Temporary
President Donald Trump’s tariff wars against China and Mexico brought back volatility in Wall Street, which otherwise sailing through impressively in the first four months on 2019. In May, the three major stock indexes -- the Dow, S&P 500 and Nasdaq Composite -- plunged 6.7%, 6.6% and 7.9%.
However, year-to-date, these indexes are still in the positive territory with gains of 6.4%, 9.8% and 12.3%, respectively. Notably, per Ben Carlson, director of institutional asset management at Ritholtz Wealth Management, a pullback of 5% or more in a month on the S&P 500 Index happened in 65 of the last 70 years. So, a sudden shock last month may well be the much-needed correction in stock markets.
U.S. Economy Remains Strong
For May 2019, the Conference Board's measure of consumer confidence index stands at 134.1 compared with 129.2 in April. May’s reading is near the 18-year high recorded in November 2018. This indicates that U.S. consumers are highly confident about future growth despite trade concerns.
On May 3, the Department of Labor reported that the U.S. economy added 263,000 jobs in April. Year to date, job gains are impressive at 205,000 on an average per month. Unemployment fell to 3.6% compared with the consensus estimate of 3.8%. This marks the lowest level of unemployment since December 1969.
The Philadelphia Fed manufacturing index came in at 16.6 in May, a massive gain from the reading of 8.5 in April. The index was the highest in four months in May. Notably, any reading above zero indicates improving conditions. The employment index grew to 18.2, the highest in five months. The prices index was at 17.5, the lowest in 17 months.
Fed Maintains Dovish Stance
The Federal Reserve has decided to keep the federal funds target rate unchanged in the range of 2.25-2.50% at least for the time being. The central bank also said that it will not downsize its $4 trillion balance sheet this year. Per the Fed, although U.S. economy is in solid footing, trade-related concerns may result in global economic slowdown which will reduce the growth rate of the U.S. economy.
Moreover, core PCE inflation index – Fed’s favorite inflation gauge – increased 1.6% in April, well below the central bank’s target rate of 2%. Muted inflation and the likelihood of a reduction of U.S. economic growth may compel Fed to reduce interest rate, much to the delight of President Trump. The Trump administration is constantly blaming the central bank for its aggressive monetary stance as the major hindrance of economic growth.
CTO at API Fortress, Simone Pezzano comments:
Our Top Picks
At this stage, it will be prudent to invest in stock with strong growth potential and a favorable Zacks Rank. We have narrowed down our search to five such stocks with a Growth Score of A and Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. Each of these stocks has moved higher in the last three months and still has upside left.
HEICO Corp. designs, manufactures, and sells aerospace, defense, and electronic related products and services in the United States and internationally. The company has expected earnings growth of 22.7% for the current year. The Zacks Consensus Estimate for the current year has improved by 3.7% over the last 30 days. The stock has surged 30.6% in the past three months.
Group 1 Automotive Inc. is a leading operator in the automotive retailing industry. It has expanded to become the third largest dealership group in the United States. The company has expected earnings growth of 13.6% for the current year. The Zacks Consensus Estimate for the current year has improved by 4.5% over the last 30 days. The stock has surged 15.7% in the past three months.
Rent-A-Center Inc. leases household durable goods to customers on a rent-to-own basis. It operates through four segments: Core U.S., Acceptance Now, Mexico and Franchising. The company has expected earnings growth of 100% for the current year. The Zacks Consensus Estimate for the current year has improved by 11% over the last 30 days. The stock has surged 24.6% in the past three months.
Repligen Corp. develops, manufactures, and sells products used to enhance the interconnected phases of the biological drug manufacturing process in North America, Europe, APAC and internationally. The company has expected earnings growth of 28.8% for the current year. The Zacks Consensus Estimate for the current year has improved by 10.6% over the last 30 days. The stock has surged 17.4% in the past three months.
Strategic Education Inc. provides a range of post-secondary education and non-degree programs in the United States. It operates through three segments: Strayer University, Capella University and Non-Degree Programs. The company has expected earnings growth of 36.2% for the current year. The Zacks Consensus Estimate for the current year has improved by 7.1% over the last 30 days. The stock has surged 23.8% in the past three months.
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Group 1 Automotive, Inc. (GPI) : Free Stock Analysis Report Heico Corporation (HEI) : Free Stock Analysis Report Rent-A-Center, Inc. (RCII) : Free Stock Analysis Report Repligen Corporation (RGEN) : Free Stock Analysis Report Strategic Education Inc. (STRA) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research