Moderated by: Brad Seitter, EVP, Business Development, TVB
Dr. Mark Fratrik, Chief Economist and SVP, BIA Advisory Services
Rick Ducey, Managing Director, BIA Advisory Services
Nicole Ovadia, Vice President of Forecasting and Analysis, BIA Advisory Services
The first part of the year has been a mixture of optimism and continuing concerns around supply chain and global issues that influence local advertising. In late 2021, BIA estimated that 2022 U.S. Local Advertising would reach $173.3 billion due to growth in digital advertising and a strong political year. Now, considering the first half of 2022, BIA is preparing a forecast adjustment.