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US Magazine Revenue Rises 12% In March

US Magazine Revenue Rises 12% In March

Total US magazine advertising revenue rose by 11.6% year on year in March, closing at $1.6 billion, according to the latest information from the Publishers Information Bureau (PIB). Ad pages for the month totaled 21,561, up 9.1% from last year.

In the year-to-date, ad revenue closed at $3.7 billion, an increase of 10.3% on the first three months of last year; ad pages were up 5.3% at 49,729.
US Magazine Advertising Totals By Category, March 2003 
         
  Mar 2003 v Mar 2002  Calendar Year To Date 
  % Change (revenue)  % Change (pages)  % Change (revenue)  % Change (pages) 
APPAREL & ACCESSORIES 15.3 24.7 8.6 8.5
AUTOMOTIVEÂ 18.9 20.9 27.8 26.6
DIRECT RESPONSE -2 0.4 0.5 -3.2
DRUGS & REMEDIES 41.9 32.1 29.7 23.6
FINANCIAL, INSURANCE & REAL ESTATE 5 -2.8 0.6 -4.7
FOOD & FOOD PRODUCTS -0.8 1 -0.1 -0.8
HOME FURNISHINGS & SUPPLIES 36.3 23.6 19.2 11.4
MEDIA & ADVERTISING 3.7 -2.5 7.6 3.5
PUBLIC TRANSPORTATION, HOTELS & RESORTS 11.1 11.3 17.7 6.7
RETAIL 9.4 14.2 12.3 10.5
TECHNOLOGY -6.7 -9 -6.5 -5.4
TOILETRIES & COSMETICS 10.4 4.6 14.5 9.6
Source: PIB, April 2003 

“We are pleased that the first quarter of 2003 closed on a positive note,” said Ellen Oppenheim, executive vice president of the Magazine Publishers of America (MPA). “Most categories experienced gains, but the standouts are still Automotive, Drugs & Remedies and Home Furnishings & Supplies. From what we’ve been hearing, maintaining market share continues to be a major concern for the Automotive category,” she added.

For February’s figures click US Magazines Revenues Rise 10% In February.

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