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Ad Firms Predict Slower Advertising Growth for 2023

CFO News Room

Major advertising forecasting firms say global advertising growth in 2023 will be slower than previously predicted. . Automotive advertising could grow again after a period of moderate decline as the industry gradually emerges from the supply-chain crisis, the firm added. . Media owners’ ad revenue will grow 4.8% Mediabrands.

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Big Tech Earnings Cement Digital-First Economic Shift

PYMNTS

Economic headwinds abound. Amazon’s own “other revenue” category, which includes advertising, leapt by 51 percent. eBay noted on its earnings call that organic revenue growth came in at 26 percent, driven by payments and advertising. Amazon, too, noted that advertising budgets were increasing. Virus cases are rising.

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Economic Nexus Laws’ Unexpected Impacts On Restricted Substance Retailers

PYMNTS

State governments began rolling out economic nexus laws after 2018’s South Dakota vs. Wayfair ruling. The Wayfair ruling enabled states and cities to apply sales taxes to businesses based on the latter’s economic activities within their jurisdictions, whether or not businesses have physical presences there. .

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Holding Onto Your Marketing Budget in a Downturn

CFO News Room

If you’re a chief marketing officer (CMO), the current economic uncertainty undoubtedly creates anxiety for you, your team, and your agencies. The Mobile Marketing Association (MMA) has demonstrated the tight correlation between advertising spend and economic indicators like GDP growth by looking at historical data.

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MiB: Ed Yardeni on the Roaring 20s

Barry Ritholtz

” We discuss how his unusual career developed, with his covering both Investment strategy AND economic analysis. She was named one of Ad Age’s 100 Most Influential Women in Advertising. He is the author of “ Predicting the Markets: A Professional Autobiography.”

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Sizzle Fizzle: Virus May Weaken China’s Economic Growth

PYMNTS

Retailers such as Gucci and Nike had released new advertising campaigns and merchandise in anticipation of a spending deluge. As reported by the Economist Intelligence Unit and relayed in the South China Morning Post , the Wuhan virus could hit China’s economic growth by 50 basis points to a full percentage point.

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The Seven Samurai: How Big Tech Rescued the Market in 2023!

Musings on Markets

Put differently, there are some good business reasons why the Mag Seven dominated markets in 2023: Pricing power and Economic Resilience : Coming into 2023, market and the Mag Seven stocks were battered, down sharply in 2022, largely because of rising inflation and concerns about an economic downturn.

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