Ad Expansion Slows In August On Tougher Comps, Smaller Advertisers Continue To Lead Recovery

The expansion of the U.S. ad economy slowed to 17.% in August, the weakest growth in half a year, due to tougher comparisons with August 2020 -- which was the first month last year to show growth after the COVID-19 pandemic triggered an ad-spending recession.

Relative to August 2019, the …

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