andy x - sorry to hear that. We have managed to grow by investing heavily in digital & large format. We still have a couple of litho presses but would not bother replacing them if they need uneconomical repairs, just using them until they die really. The press minders are on borrowed time with us too - one guy is retraining for digital though. Hope you manage to hang in there until retirement, print has certainly been through some big changes over last 10 years.
Kittenkat - the GD's are fed up with the intense competition for work/projects, sorry if unclear. They are finding they now have to basically do the work 'on approval' and may not get paid if client prefers another design shown on spec.
Andy x - I have a print business, but it is growing and never been busier. However, have had to adapt and change business model massively over last 10 years. Litho definitely dying.
I would advise against going into graphic design for print. When we advertise a vacancy in my business, we get absolutely inundated with CV's, hundreds from school-leavers & graduates who are generally at a disadvantage as they have not built up experience. There is massive competition for the scarce jobs available. Two designers I know are now changing careers as they are fed up with it.