Commentary

Classifieds Lead 4 Percent Newspaper Ad Growth in Third Quarter

Classifieds Lead 4 Percent Newspaper Ad Growth in Third Quarter

Newspaper advertising expenditures for the third quarter of 2004 totaled $11.3 billion, a 3.8 percent increase over the same period a year earlier, according to preliminary estimates from the Newspaper Association of America.

Classified advertising led the way with a 4.3 percent spending increase to $4.0 billion. National ad spending increased 3.9 percent to $2.0 billion and retail spending rose 3.5 percent to $5.3 billion.

2004 Quarterly Newspaper Advertising Expenditures ($ in millions)

QuarterNational $National %ChgRetail $Retail %ChgClassified $Classified %ChgTotal $Total %Chg
1(p)1,8354.54%4,7942.66%3,5924.00%10,2223.46%
2(p)2,1372.80%5,4702.60%3,9016.90%11,5084.10%
3(p) 1,959 3.85% 5,289 3.50% 4,022 4.25% 11,271 3.83%

Source: Newspaper Association of America
(p): Preliminary estimates
% change is over same quarter of previous year

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