US ad market to generate $152.3 bln in 2007

Total US advertising spending is expected to increase 1.7% in 2007 to $152.3 bln, according to TNS Media Intelligence. The first half of 2007 is projected to advance by just 1.2% while the second half of the year is expected to post a gain of 2.3%.

2007 ad spending forecast

Medium Spending growth
Internet +16.0%
Cable Network TV +5.9%
Outdoor +4.6%
Consumer & Sunday Magazines +4.5%
Spanish Language Media +3.7%
Network Television +1.3%
Syndication TV +1.2%
Radio -0.3%
Business-To-Business Magazines -1.5%
Newspapers -2.9%
Spot TV -5.5%
Source: TNS Media Intelligence