2001 ad spending down 21.7%, according to BIN report

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New York--Year-end ad spending was down 21.7% from 2000 and ad pages were down 19.7%, according to a Business Information Network report. Ad spending declined in all categories, with finance, business and advertising down 34.6% from 2000. Telecommunications also posted a sharp decline, with spending down 31.3% from 2000.
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