• Radio Poised for Slow, Steady Growth
    According to the BIA/Kelsey Investing In Radio Market Report, 2009 closed with $13.7 billion in revenues for radio from broadcast and online sources, a decline of -18.4% from 2008. The company predicts, though, that industry revenues will hit $13.9 billion this year, an increase of 1.5%. More importantly, says the report, it represents the start of 2 to 4% annual growth rate over the next few years, including a predicted 16.5% compound growth rate from web and other online revenues.
  • Credit Card Users Up, Credit Card Debt Down
    The U.S. Census Bureau reports that there were 159 million credit card holders in the United States in 2000, 173 million in 2006, and that number is projected to grow to 181 million Americans by 2010. However, revolving consumer credit, which mostly consists of credit card debt, fell 2.3% in January 2010. Retailer Daily reports that this drop may be seen as good news for credit card issuers, as it moderated a trend of severe revolving credit declines that included drops of 12.9%, 18.5% and 13.3% in the three preceding months.
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