Analyst: Hurricane Sandy to Cost Ad Industry $500 Million
Posted: 11/1/2012 | By: Rupal Parekh | Advertising Age
The climate for growth among U.S. ad companies had already been looking
stormy for the second half of 2012, and now, Hurricane Sandy is leading
to a worsened outlook.
As Ad Age reported last week, major holding companies such as WPP and Publicis Groupe cut their growth forecasts.
As Ad Age reported last week, major holding companies such as WPP and Publicis Groupe cut their growth forecasts.