|

US Magazine Ad Revenue Shows Further Decline

US Magazine Ad Revenue Shows Further Decline

According to figures released by the Publishers Information Bureau this month, US magazine advertising has declined again for the month of August in terms of both volume and revenue.

The troubled technology sector saw the greatest drop with revenue from this sector falling by 41% and volume by almost 50%.
US Magazine Adspend Comparisons August 2001 vs August 2000 
Sector  August 2001 $  August 2000 $  $ change  % change  2001 pages  2000 pages  page change  % change 
Automotive $118,534,926 $113,755,503 $4,779,423 4.20%  1,382 1,403 -21 -1.50% 
Toiletries & Cosmetics $102,255,093 $90,577,581 $11,677,512 12.90%  1,197 1,158 39 3.40% 
Apparel & Accessories $101,357,023 $ 94,535,363 ($6,821,660) 7.20%  2,097 2,136 -39 -1.80% 
Drugs & Remedies $88,008,834 $80,107,638 $7,901,196 9.90%  925 914 11 1.20% 
Food & Food Products $85,072,719 $72,481,594 $12,591,125 17.40%  793 768 24 3.20% 
Direct Response Companies $71,813,612 $67,405,612 $4,408,000 6.50%  1,325 1,371 -46 -3.40% 
Technology $65,959,283 $112,339,112 ($46,379,829) -41.30%  977 1,931 -954 -49.40% 
Home Furnishings & Supplies $65,767,658 $76,040,733 ($10,273,075) -13.50%  816 1,047 -231 -22.10% 
Media & Advertising $62,452,953 $ 78,846,310 ($16,393,357) -20.80%  816 1,113 -297 -26.60% 
Retail $54,925,289 $ 57,082,454 ($2,157,165) -3.80%  884 1,052 -168 -16.00% 
Financial, Insurance & Real Estate $52,413,569 $61,250,960 ($8,837,391) -14.40%  727 945 -218 -23.00% 
Transportation, Hotels & Resorts $31,787,405 $ 31,301,216 $486,189 1.60%  700 699 -1 0.20% 
Source: PIB

“While the current economic climate has affected all media, magazines continue to be an integral advertising vehicle,” said Ellen Oppenheim, executive vice president/chief marketing officer, Magazine Publishers of America. “This is reflected by increases in such categories as Toiletries & Cosmetics, Drugs & Remedies, and Apparel & Accessories, among others.”

Media Jobs