$137.8B U.S. ad spend for top 200 advertisers
It was a mixed bag among the 12 advertising categories tracked by PIB. Among the decliners were home furnishings and supplies (down 15%); financial, insurance and real estate (down 12.3%); and technology (down 7.5%). Among the gainers were drugs and remedies (up 10.8%); retail (up 8.1%) and media and advertising (up 5.9%).
The results for business magazine were mixed, too. Ad revenue for BusinessWeek rose 16.5%, while ad pages grew 12%. The Economist saw a 26.6% boost in ad revenue and an 11% increase in ad pages. Forbes’ ad pages fell 9.1%, with ads pages declining 16.2%. Fortune’s ad revenue fell 14%, while ad pages slid 22.5%.