US ad spending slipped 11.5%, or by $10.9 billion, to $83.4 billion through the first nine months of the year, according to Nielsen.
Spanish-language cable TV, free-standing insert coupons and cable TV were the only ad categories that posted gains so farin 2009, up 36.7%, 11.2% and 9.1% respectively, reports Media Buyer Planner. Nine of the top 10 cable advertisers boosted spending so far this year.
Internet ad spending is down 0.5%, while network TV is down 13.9% and spot TV is down 16%, Nielsen said.
Category Ad Spending
Though auto advertising remained the top spending category, it plunged 30.9% for the first three quarters, with local auto dealership spending down 26.9%. Pharmaceutical is the second largest spending category, spending declined 4.6%.
Motion picture spending fell 1.7%. Overall, the top 10 product categories slipped 12.7%, with quick-service restaurants and direct-response products the only of the top 10 categories showing slight gains:
Further Nielsen analysis of the top product categories reveals more about where money was spent through Q309:
North American ad spending is expected to drop anywhere from another 2.4% to 4% in 2010.