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Ad Revenue For Google US Drops 5.3%
Video Credit: Wochit News
Published on August 12, 2020 - Duration: 00:31s
Ad Revenue For Google US Drops 5.3%
Google's net US digital ad revenues will decline this year for the first time since eMarketer began estimating ad revenues in 2008.
Business Insider forecasts Google will bring in $39.58 billion in US digital ad revenues this year.
That's down 5.3% from 2019.
This represents a downward revision of more than $7 billion from Insiders early-March forecast.
The forecast was made prior to the pandemic-related economic slowdown in the US, particularly reduced ad spending by the travel industry.
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