Key Newspaper Ad Spending Trends In 3rd Quarter
According to preliminary estimates from the Newspaper Association of America, newspaper advertising expenditures for the third quarter
2003 totaled $10.9 billion, an increase of 1.5 percent over the same period last year, Total ad spending in newspapers for the first nine months was $31.8 billion, up 1.6 percent from the same period
last year. National advertising led the way with an 8.2 percent increase, to $1.9 billion in the third quarter, boosted by gains in telecommunications and computer equipment. Retail
advertising spending edged up 0.8 percent to $5.1 billion, helped along by increases in food store, furniture store and building material store ads. Classified slipped 0.5 percent to $3.8
billion. Within the classified category in the third quarter Real estate ad spending had the largest percentage gain, up 7.5 percent to $1 billion. Automotive
advertising grew 2.2 percent to $1.2 billion. Recruitment advertising dropped 10.7 percent to $940 million all other classifieds slipped 0.5 percent to $684 million.
growth in these key categories shows newspapers' continuing appeal to advertisers as an effective national advertising platform," said NAA President and CEO John F. Sturm. "Newspapers are in a good
position as we start the fourth quarter and enter the holiday season. As the market shows signs of recovery, we fully expect ad spending to gain even more momentum and continue this trend toward
improvement in 2004. In particular, we are anticipating gains in help wanted as the economy begins to add jobs."
Q3 data can be found