A spokesperson for the newsweekly did not respond to a request for comment by deadline.
In June, U.S. News & World Report had announced plans for a biweekly frequency beginning in 2009. The newsweeklyâ€™s ad pages declined 28.2% in the first three quarters of this year compared with the same period in 2007, according to Publishers Information Bureau figures.
Through September, the newsweekly tallied 848.65 ad pages, trailing its direct competitors Time (1,179.46) and Newsweek (1,034.68) by large margins. U.S. News & World Reportâ€™s Web site (usnews.com) reported record traffic of 6.8 million unique visitors in August.