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June 21, 2017
IAB: First-Quarter U.S. 2017 Digital Advertising Hits $19.6B
The increase, demonstrated by the numbers prepared by PricewaterhouseCoopers US, marks the seventh consecutive first quarter to have double-digit year-over-year growth. In fact, the $3.7 billion jump represents the second-highest quarter of all time and follows on the heels of the industryÕs strongest quarter on record, which was $21.6 billion in the fourth quarter of 2016. ÒThese figures reflect marketersÕ ongoing commitment to invest in digital,Ó said Chris Kuist, SVP of research and impact, IAB, in a prepared statement. ÒThis steady growth is a direct result of interactive advertisingÕs power to reach consumers where they are spending more and more of their time Ñ on connected screens. ÓThe full report is issued twice yearly, and top-line quarterly estimates are issued for the first and third quarters, per the IAB. Copyright 2017 MediaPost Communications. All rights reserved. From http://www.mediapost.com. By Laurie Sullivan.
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