Emphasizing that "economic conditions appear to have stabilized," and that marketers are "beginning to re-focus on their brands and the tone of the business is one of cautious optimism," Interpublic
Chairman-CEO said Michael Roth this morning reported an 8.2% decline in organic revenues for the fourth quarter, and a 10.8% drop for full-year 2009. The declines, which were not unexpected, reflect
the continuing drag the global economic recession has had on the advertising industry.