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Highlights: The Year in Review
Newspapers continued to see impressive growth in 1998. The Competitive Media Index showed that readership remained steady, while advertising spending finished the year up 6.3% over 1997. Coupled with circulation spending, newspapers became a $54 billion industry.
Nearly six in 10 (57.9%) of adults in the top 50 U.S. markets read a daily newspaper, and another 10% (67.8%) read one on Sunday, according to the spring 1999 Competitve Media Index.
The FAS-FAX report from the Audit Bureau of Circulations showed that seven of the top 12 circulation newspapers reported gains for the six-month perioad ending Sept. 30, 1998.
Newspaper advertising expenditures in 1998 totaled $43.9 billion, and increase of 6.3% over 1997.

In 1998, retail ad spending was $20.3 billion, an increase of 5.7%. Classified expenditures grew to $17.9 billion, an increase of $6.6%, and national hit $5.7 billion, for a gain of 7.7%.

Newspapers' share of $43.9 billion of advertising spending gave the industry an estimated 21.9% of all ad expenditures in 1998. Broadcast television's $39.1 billion left it with 19.5$ of the ad-spending pie.
An NAA report, "Competing for the Markets of the Future: An Up-Close Look at the Media Teens Rely On," found that 69% of teenagers (age 12-17) read a newspaper in the past week. Forty % of them read or looked at a local daily newspaper in the past day.
Almost three-quarters of teenagers (72%) read or looked at a Sunday newspaper in the past month with a higher figure for older teens (78% of 15-to-17 year-olds). Half of all teens (50%) looked or read a Sunday paper in the past week.
When compared with other media, newspapers are what teens rely on for overall news and information content: newspapers were cited by 47% of teens, versus 32% for second-ranked television.
Newspapers are among the top two media teens use for advertising information; they like TV for awareness of new products, but rely on newspapers for pricing information, finding local availability of products and for classified advertising.
More than 900 newspapers in the U.S. have sites on the World Wide Web. NAA operates a site that links to most of them at: www.newspaperlinks.com.
Nationally, over 56 million newspapers are sold daily, with an average of 2.2 readers per copy. And on Sunday, over 60 million newspapers are sold, with an average of 2.3 readers per copy.
 
 
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