Finally! A Positive Outlook for the Washington DC Advertising Community
Advertising,
Community Cary Hatch [MDB CEO]
This article was originally posted at Capital Communicator on 1/25/2012
With the 2012 presidential election, the summer Olympics and emerging positive economic growth on the horizon, the advertising industry is expected to experience exponential growth. Importantly, these events bring new advertising opportunities, which many advertisers are bound to capitalize on now. Today, the economy is in a much healthier state than it was back in 2008 and 2009, and companies are reinvesting in their advertising efforts. These developments will undoubtedly give rise to increased advertising spending, which will positively affect the local economy in Washington, DC and the nation at large.
Many of us will soon be seeking shelter from the throng of repetitive presidential ads – there’s also the silver lining of political spending that will favorably impact many a media outlet’s bottom line in 2012. Given the 2010 Supreme Court ruling, allowing Super PACs (Political Action Committees), to spend an unrestricted amount of money for political campaigns, there is virtually an unlimited flow of media investments to be made. By the end of December 2011, USA Today reported that candidate-specific PACs spent more than $6.8 million already.




