The U.S. Postal Service has had a year-to-date net loss of $1.13 billion, including a greater-than-expected loss of $1.1 billion for the third quarter. How this affects the magazine industry: ABM Washington Counsel David Straus says, “The way the CPI [Consumer Price Index] is going, you could be looking at periodicals rates going up 5 [...]
Internet advertising is forecasted to surpass radio this year, with about 9.5 percent of ad budgets worldwide allocated to online media, and is expected to overtake magazine advertising by 2010. Bloomberg (June 25, 2008)
U.S. consumer products manufacutures grew 10.6 percent this past year, according to PricewaterhouseCoopers LLP, who conducts research on behalf of the Grocery Manufacturers Association. “The Food, Beverage and Consumer Products Industry: Achieving Superior Financial Performance in a Challenging Economy 2008,” report “stated that even in a difficult economy with ever-increasing commodities prices, agile [...]