Worldwide organic growth for five major agency holding companies—WPP, Publicis, Omnicom, Interpublic and Dentsu—came in at an average of just 1.3% in 2023. (Ad Age)
The U.S. ad business lost jobs in May for the sixth month in a row. The overall economy added 139,000 jobs, showing modest but relatively steady growth despite worries about tariffs, inflation and recession.