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US Radio Revenue Creeps Up 4% In April

US Radio Revenue Creeps Up 4% In April

US radio revenues increased by 4% year on year during April, with local spend up 2% and national up 6%, according to the latest data from the US Radio Advertising Bureau.

The first four months of 2002 show national spend up 2%, whilst local ad sales and the combined total figures remained flat overall. The Bureau says that the US radio industry is entering a ‘slow, steady but strong recovery phase’. Growth similar to April’s is anticipated over the coming months.

Longer-term index To put the intermediate and long-term growth of the US radio industry into perspective, the RAB compares figures to sales in a base year – 1998 – which is indexed to 100.

The local sales index for April was 134.2; the national index was 125.0 and the combined total was 132.1. On a year-to-date basis, the local sales index was 132.7; the national index was 131.5 and the combined total was 132.3.

US Radio Advertising Revenue Growth And Index Figures 
       
Apr 2002 vs. Apr 2001  Calendar Year To Date 
       
Local Revenue    Local Revenue   
All Markets 2.0% All Markets 0.0%
Local Sales Index 134.2 Local Sales Index 132.7
       
National Revenue    National Revenue   
All Markets 6.0% All Markets 2.0%
National Sales Index 125.0 National Sales Index 131.5
       
Local & National Revenue    Local & National Revenue   
All Markets 4.0% All Markets 0.0%
Combined Sales Index 132.1 Combined Sales Index 132.3
       
Source: RAB USA, June 2002 

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