Total US magazine advertising revenue increased 2.7% year on year in August, closing at $1.1 billion, according to the latest data from the Publishers Information Bureau (PIB). The number of ad pages for August was 14,498, down 5.8% from last year.
Magazine Advertising Totals By Category, August 2002 | ||||
Aug 2002 v Aug 2001 | Jan-Aug 2002 v Jan-Aug 2001 | |||
Sector | % Change (revenue) | % Change (pages) | % Change (revenue) | % Change (pages) |
Apparel & Accessories | -14.6 | -24.7 | -12.5 | -18.8 |
Automotive | 8.9 | 3.7 | 2.8 | -3.0 |
Direct Response Companies | 4.0 | -6.5 | 5.4 | -2.9 |
Drugs & Remedies | 11.4 | 10.9 | 14.1 | 8.8 |
Financial, Insurance & Real Estate | 31.8 | 5.0 | -7.4 | -17.6 |
Food & Food Products | 7.7 | 4.7 | 16.0 | 7.2 |
Home Furnishings & Supplies | 16.9 | 3.1 | 8.9 | -2.1 |
Media & Advertising | -11.7 | -11.1 | 3.5 | -2.5 |
Retail | -15.1 | -12.2 | -3.6 | -11.2 |
Technology | -4.9 | -15.4 | -20.0 | -27.5 |
Toiletries & Cosmetics | 9.9 | 5.5 | 3.9 | -3.4 |
Transportation, Hotels & Resorts | -3.4 | -10.1 | -12.0 | -11.3 |
Source: PIB, September 2002 |
“The third quarter remains the strongest in 2002, despite the dip in August numbers,” said Ellen Oppenheim, executive vice-president of the Magazine Publishers of America (MPA).
The July data from the PIB can be found US Mags Revenue Rise In July Supports ‘Cautious Optimism’.