American
newspapers sold $44.9 billion in ads last year, a 1.9 percent increase over 2002
totals, according to Newspaper Association of America figures released last
month.
The
boost was paced in part by the biggest rise in national ad spending in three
years, the NAA said.
Fourth-quarter
ad sales, meanwhile totaled $13.1 billion, a 2.6 percent increase, as newspapers
benefited from an improving economic climate.
Within
categories, fourth-quarter national advertising rose 7.5 percent to $2.1
billion, fueled by motion pictures and telecommunications. Retail ad spending
edged up 1.7 percent to $6.2 billion, thanks to increases in furniture store,
building material store and apparel and accessory store ads.
Classifieds
also increased 1.7 percent, to $4.8 billion, after posting declines in each of
the first three quarters of the year.
Within
the classified category, real estate ad spending saw the largest percentage
gain, up 6.6 percent to $1.2 billion. Auto ad spending dropped 1.8 percent, to
$1.6 billion. Recruitment advertising fell 1.4 percent, to $1.1 billion while
all other classified gained 6.5 percent, to $835 million, the NAA said.
“These
2003 numbers show that advertisers today - particularly national advertisers -
increasingly recognize how highly effective and cost efficient newspapers are as
an advertising platform,” said NAA President and Chief Executive Officer John
F. Sturm.
For
the full year of 2003, national ad spending rose 8.1 percent to $7.8 billion,
the biggest percentage increase in three years. Retail advertising expenditures
gained 1.7 percent to $21.3 billion and classified was essentially flat, off 0.6
percent to $15.8 billion.
“Improvement
in the labor market will boost the classified category this year,” said NAA
Vice President of Business Analysis and Research Jim Conaghan.