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US Magazine Revenues Rise 6.3% In September

US Magazine Revenues Rise 6.3% In September

Total US magazine advertising revenues rose by 6.3% year on year in September, closing at $1.9 billion, according to new figures from the Publishers Information Bureau (PIB). However, advertising pages were down 4.5% to 23,952.

In the year to date, advertising revenue closed at $12.9 billion, an increase of 9.0% while advertising pages were up 0.3% at 162,155.

Eight of the twelve major advertising categories experienced growth in ad revenues but only four recorded ad page growth.

US Magazine Advertising Totals By Category, September 2003 
         
  September 2003 v September 2002  Calendar Year To Date 
  % Change (revenue)  % Change (pages)  % Change (revenue)  % Change (pages) 
AUTOMOTIVEÂ 23.8 12.6 24.7 19.6
DRUGS & REMEDIES 13.6 8.5 20.1 13.7
TOILETRIES & COSMETICS 15.9 10.1 15.2 8.8
APPAREL & ACCESSORIES 22.8 0.3 17.6 7.5
FOOD & FOOD PRODUCTS 5.3 -3.7 1.7 -4.8
HOME FURNISHINGS & SUPPLIES 5.9 -3.1 17.6 1.9
MEDIA & ADVERTISING 10.5 -5.6 -4.6 -7.7
DIRECT RESPONSE COMPANIES -17.3 -11.5 8.2 -2.9
TECHNOLOGY -6.1 -8.2 1.5 -3.3
RETAIL 5.2 -9.4 7.9 -0.8
FINANCIAL, INSURANCE & REAL ESTATE -13.6 -19.9 -13.0 -15.4
PUBLIC TRANSPORTATION, HOTELS & RESORTS -10.2 -16.5 -3.8 -10.1
Source: PIB, August 2003 

“We are heartened to see continued strength in major ad categories, most notably, Drugs & Remedies, with both pages and revenue up for 21 straight months, followed by Automotive and Toiletries & Cosmetics, up for 16 straight months,” said Ellen Oppenheim, executive vice president of the Magazine Publishers of America. “However, several categories – particularly Financial, Insurance & Real Estate and Public Transportation, Hotels & Resorts – were affected by continued economic turmoil, slow employment recovery and weakened consumer confidence, resulting in an overall decrease in ad pages.”

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