A particularly hard-hit sector of newspapers has been the loss of real estate advertising, a reflection of overall economic conditions that dampened development and sales of projects in a low-demand period. As brokers faltered, so did their spending.
But Borrell Associates suggests some restoration of revenue is under way in the nearly-$20-billion sector and will continue this year. Overall i expects a three-per-cent increase following a 20-per-cent decline last year --- hardly a renewal, but the end of a freefall.
As for newspapers, they'll experience growth of 16 per cent after a decline of 34 per cent in 2009.
But Borrell Associates suggests some restoration of revenue is under way in the nearly-$20-billion sector and will continue this year. Overall i expects a three-per-cent increase following a 20-per-cent decline last year --- hardly a renewal, but the end of a freefall.
As for newspapers, they'll experience growth of 16 per cent after a decline of 34 per cent in 2009.
