DMA's 2006 'Power of Direct Marketing' Reports
Despite a US economy that shows signs of decline in some key areas, growth is predicted in direct marketing (DM) expenditures, sales, ROI, and employment through 2007, as reported in The Power of Direct Marketing, the Direct Marketing Association’s (DMA) annual forecast of direct marketing’s economic impact on the US economy, including advertising expenditures and sales. The 2006 edition of the DMA report, which has been ongoing since 1995, was released today.
The USD166.5 billion in DM advertising expenditures marketers are predicted to lay out in 2006 represents a solid 6 percent gain over 2005 spending. According to the report, marketing expenditures this year were part of a strong rebound from Hurricanes Katrina and Rita, after these storms postponed expenditures in many economic sectors from late 2005 into the first half of 2006.
The growth rate in DM expenditure through 2007 is expected to moderate further to 5.2 percent, translating to USD175.2 billion in direct marketing spending for 2007, according to DMA’s report.
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