WebProWorld
A report from Nielsen indicates that ad spending in the United States fell 15.4% in the first half of the year, compared to the first half of last year. Preliminary estimates show that US ad expenditures fell over $10.3 billion to a total of $56.9 billion.
"While some of the larger categories have cut back spending, we see others that continue to raise the ante on their media investments," said Annie Touliatos, VP for Nielsen’s advertising information services.
As we rapidly approach the end of the second quarter of 2009 there is still news trickling in from what happened in Q1. As suspected, that news is not good. A study by TNS Media Intelligence was reported in today’s WSJ and ad spend for media including TV, print and online display ads fell 14% year to year to $30.8 billion.
The PC industry will see its sharpest unit decline in history, with shipments totaling 257 million units in 2009, an 11.9 percent decrease from 2008, according to Gartner.
Previously, PC units had their worst decline in 2001 when unit shipments shrank 3.2 percent.
"The PC industry is facing extraordinary conditions as the global economy continues to weaken, users stretch PC lifetimes and PC suppliers grow increasingly cautious," said George Shiffler, research director at Gartner.
Between the decline in newspaper performance and the dominance of financial reporting in the news, you would think that online financial publications would be one area that is flourishing in this economic downturn.
Physical music sales continued a trend of downward progression and digital revenues are not making up the difference. Within the next two years, total revenues from music sales are projected to dip down to $23 billion, which is half of what the industry brought home a decade earlier.
The public satisfaction with federal government Web sites dropped from last quarters all time high and stayed relatively unchanged over the last seven quarters. The first quarter 2007 special report on E-Government Satisfaction from the University of Michigan’s American Customer Satisfaction Index (ACSI) shows that customer satisfaction with federal Web sites declined 0.7 percent from last quarter to an overall score of 73.4.
Even with the drop in satisfaction, e-government faired better than the federal government, which had a score of 72.3 on the ACSI.
Consumer prices fell for their first time in 10 months in May at 0.1%, while energy prices declined following record highs in the previous months.
Profits fell 8% in the third-quarter for News Corp. even though revenues grew heartily in its cable advertising and film units.
Corn Products International expects first-quarter diluted earnings per share (EPS) to decline 35 percent to 40 percent from the first quarter of 2004…
U.S. customers purchased or leased 305,172 cars and trucks from Ford, Mercury, Lincoln, Jaguar, Land Rover and Volvo dealers in March whichis the highest monthly total since May 2004.
