Total US magazine advertising revenue for July increased by 8.6% year on year, closing at $1.1 billion, according to the latest data from the Publishers Information Bureau (PIB). Ad pages for July totalled 15,125, up 0.5% from last year.
The full figures, by category, are shown below.
US Magazine Advertising Totals By Category, July 2002 | ||||
Jul 2002 v Jul 2001 | Jan – Jul 2002 v Jan – Jul 2001 | |||
Sector | Change (revenue) | Change (pages) | Change (revenue) | Change (pages) |
Automotive | 6.8% | 2.0% | 2.1% | -3.9% |
Drugs & Remedies | 20.9% | 16.0% | 14.4% | 8.6% |
Food & Food Products | 30.5% | 17.9% | 17.1% | 7.6% |
Toiletries & Cosmetics | 8.1% | 6.2% | 3.1% | -4.5% |
Household Furnishings & Supplies | 12.0% | 1.6% | 8.0% | -2.6% |
Technology | -14.1% | -22.1% | -21.2% | -28.3% |
Financial, Insurance & Real Estate | 25.2% | 8.5% | -11.1% | -19.7% |
Direct Response Companies | 5.2% | 0.5% | 5.5% | -2.5% |
Media & Advertising | 6.3% | 7.2% | 5.3% | -1.4% |
Public Transportation, Hotels & Resorts | 2.5% | -5.5% | -12.6% | -11.4% |
Apparel & Accessories | 14.9% | 4.1% | -12.2% | -17.8% |
Retail | 7.6% | -3.7% | -2.0% | -11.0% |
Total | 8.6% | 0.5% | -0.3% | -8.6% |
Source: PIB, August 2002 |
“The 8.6% rise in ad revenue, along with positive dollar growth in eleven of twelve major ad categories, are positive indicators. In addition, ad pages were up 0.5%, which supports cautious optimism,” says Ellen Oppenheim, executive vice president of the Magazine Publishers of America.