A new study from WARC, the experts in marketing effectiveness, has found that a prolonged conflict in the Gulf region could threaten $39.6bn of global advertising growth this year, and $93.7bn over the next 18 months. James McDonald, Director of Data, Intelligence & Forecasting, WARC, and author of the research, says: “As the Gulf Crisis stretches into its fourth month, global markets are now in damage limitation mode as the blockade of the Strait of Hormuz acts like a tax on consumers, lifting prices and squeezing real spending power. “If…
The post New outlook shows Gulf Crisis still threatens $94bn of incremental ad investment worldwide over next 18 months first appeared on Ethical Marketing News.
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