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.
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.”