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UK Adspend Still In Decline, Says AA

UK Adspend Still In Decline, Says AA

Total UK advertising expenditure fell 6% year on year for the first quarter of 2002 according to the latest data released by the Advertising Association (AA).

Figures compiled by the World Advertising Research Center (WARC) for the AA’s Quarterly Survey of Advertising Expenditure put the total adspend for the quarter at £3.4 billion and most categories experienced a drop in revenue.
Q1 2002 UK Advertising Spend 
       
  2002 Q1 adspend (£m)  % change on 2001 Q1 adspend 
     Current Prices  Constant Prices 
National Newspapers  506 -17.4 -18.4
Regional Newspapers  731 0.7 -0.5
Consumer Magazines  184 -2.1 -3.3
Business Magazines  232 -21.5 -22.4
Total Press  1,653 -9.3 -10.4
Television  849 -6.8 -8.0
Radio  120 -0.7 -1.9
Outdoor  145 -10.8 -11.9
Direct Mail  630 5.8 4.5
Total Advertising  3,397 -6.0 -7.1
Source: Advertising Association, June 2002 

Adspend by medium National Newspapers adspend slumped to £506 million in the first quarter of 2002, 17.4% down on the same period in 2001. Business magazines fared even worse with expenditure declining by 21.5% year on year to stand at £232 million. Consumer magazines saw a smaller fall of 2.1% over the year to £184 million.

Regional newspapers bucked the trend with spending on advertising totalling £731 million for January to March, an increase of 0.7% over the year. There was also encouraging news for the direct mail sector where adspend was up by 5.8% to £630 million.

Spend on television advertising declined by 6.8% to £849 million although the fall was not as pronounced as previous quarters and radio adspend was down just 0.7% to £120 million. Outdoor spend now stands at £145 million, a drop of 10.8% year on year.

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