Total advertising spend in the UK fell by 6.5% year on year in Q3 2001, down from £2.9 billion to £2.7 billion, according to data compiled by the Advertising Association (AA).
In 2002, a slight return to growth – 0.5% – is forecast, although this is still 4.2% down on 2000’s figures. Regional press shows the only positive growth of all the media this year, at 2.0% or £56 million higher than 2000. However, the industry is set to drop back again slightly in 2002, by 0.9%.
UK Advertising Forecasts | |||||
2001 (£m) | YoY % Change | 2002 (£m) | % Change 2000-2002 | YoY % Change | |
Television | 3,525 | -10.7 | 3,520 | -10.9 | -0.1 |
Regional newspapers | 2,818 | 2.0 | 2,794 | 1.2 | -0.9 |
National newspapers | 2,116 | -5.4 | 2,164 | -3.3 | 2.3 |
Magazines | 1,989 | -1.5 | 1,985 | -1.7 | -0.2 |
Outdoor & transport | 695 | -0.3 | 714 | 2.4 | 2.7 |
Radio | 493 | -7.9 | 514 | -4.1 | 4.3 |
Total adspend | 11,636 | -4.6 | 11,691 | -4.2 | 0.5 |
Source: Advertising Association, 01/02 |