Top categories for ad spending: telecom, financial services, local services

The Telecom category rose to the top spot in Q1 2006 with $2.32 bln in expenditures, an increase of 20.4%. Financial Services was the second largest category, growing 10.9% to $2.15 bln behind credit cards and investment brokers. Other categories posting strong results were Local Services & Amusements, up 15.7% to $2.07 bln, and Restaurants, up 7.7% to $1.30 bln. Automotive ceded its customary leadership position as ad spending declined for the third consecutive quarter. Reductions were widespread among both factories and local dealers, pushing Foreign Auto advertising down 2.6% to $1.98 bln and Domestic Auto down 11.0% to $1.91 bln.

Top ad categories by spending
  Spending, mln. $ Growth
Category Q1 2006 Q1 2005 YTY
TELECOM $2,317.30 $1,924.40 20.40%
FINANCIAL SERVICES $2,148.20 $1,937.80 10.90%
LOCAL SERVICES $2,073.30 $1,792.20 15.70%
AUTO, FOREIGN $1,984.20 $2,037.40 -2.60%
AUTO, DOMESTIC $1,914.90 $2,151.60 -11.00%
MISC RETAIL $1,780.30 $1,847.80 -3.70%
DIRECT RESPONSE $1,530.20 $1,478.00 3.50%
TRAVEL & TOURISM $1,359.40 $1,378.00 -1.30%
RESTAURANTS $1,295.40 $1,203.10 7.70%
PERSONAL CARE $1,285.60 $1,202.30 6.90%
Source: TNS Media Intelligence