U.S. ad spending rises 6.8 pct in first half 2003

Newswire

NEW YORK, Aug 29 (Reuters) - U.S. advertising spending rose 6.8 percent in the first half of 2003 from a year earlier, bolstering forecasts that the hard-hit ad industry is emerging from a slump, according to a report released on Friday. Tracking firm TNS Media Intelligence/CMR said advertising expenditures grew to $61.6 billion in the first half of 2003, with more than half going to television advertising. Cable television showed the greatest growth at 17 percent, but network television ...

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