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US Magazines Ad Revenue Rises, Volumes Dip In August

US Magazines Ad Revenue Rises, Volumes Dip In August

Total US magazine advertising revenue increased 2.7% year on year in August, closing at $1.1 billion, according to the latest data from the Publishers Information Bureau (PIB). The number of ad pages for August was 14,498, down 5.8% from last year.

In the year-to-date, revenue reach $9.9 billion, flat on the previous year, and ad pages were 135,105, down 8.3%.
Magazine Advertising Totals By Category, August 2002 
  Aug 2002 v Aug 2001  Jan-Aug 2002 v Jan-Aug 2001 
Sector  % Change (revenue)  % Change (pages)  % Change (revenue)  % Change (pages) 
Apparel & Accessories -14.6 -24.7 -12.5 -18.8
Automotive 8.9 3.7 2.8 -3.0
Direct Response Companies 4.0 -6.5 5.4 -2.9
Drugs & Remedies 11.4 10.9 14.1 8.8
Financial, Insurance & Real Estate 31.8 5.0 -7.4 -17.6
Food & Food Products 7.7 4.7 16.0 7.2
Home Furnishings & Supplies 16.9 3.1 8.9 -2.1
Media & Advertising -11.7 -11.1 3.5 -2.5
Retail -15.1 -12.2 -3.6 -11.2
Technology -4.9 -15.4 -20.0 -27.5
Toiletries & Cosmetics 9.9 5.5 3.9 -3.4
Transportation, Hotels & Resorts -3.4 -10.1 -12.0 -11.3
Source: PIB, September 2002 

“The third quarter remains the strongest in 2002, despite the dip in August numbers,” said Ellen Oppenheim, executive vice-president of the Magazine Publishers of America (MPA).

The July data from the PIB can be found US Mags Revenue Rise In July Supports ‘Cautious Optimism’.

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