
NEW YORK—Despite recent turmoil in the banking sector that has roiled the financial markets, S&P Global Ratings have revised upwards their economic growth and ad forecasts based on a prediction that the expected economic recession in Q2 2023 and Q3 will be shallower than expected.
The new ad forecasts also include the prediction that digital advertising could pass a significant milestone in 2025 by accounting for three quarters of all U.S. advertising.