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B2B Growth Accelerates in First Half of 2000.


Business Editors

NEW YORK--(BUSINESS WIRE)--Sept. 6, 2000

The Business Information Network (BIN) Report for June shows continued growth acceleration for the first half of 2000, with ad pages up 5.9% over last year, and spending up 13.0% over 1999. The top five spenders during this period are: Finance, Business, & Advertising, up 57.0%; Services, Direct Response, Classified, up 12.5%; Software, up 8.0%; Manufacturing & Electrical Equipment A piece of electrical equipment is a machine, powered by electricity and usually consists of an enclosure, a variety of electrical components and often a power switch. Examples of Electrical Equipment
  • Cathodic protection rectifier
  • Fire alarm panel
, Mat's & Components, up 15.8%, and Drugs & Toiletries toi·let·ry  
n. pl. toi·let·ries
An article, such as toothpaste or a hairbrush, used in personal grooming or dressing.

toiletries nplartículos mpl de aseo (=
, up 8.0%.

"BIN numbers are now coming in faster than ever before - I'm delighted with the efforts of CMR CMR Crude mortality rate, see there  and our members to expedite ex·pe·dite  
tr.v. ex·pe·dit·ed, ex·pe·dit·ing, ex·pe·dites
1. To speed up the progress of; accelerate.

2.
 the flow of information on these reports. Keeping in mind the database consists of over 1,300 magazines; we now have an extremely robust database and continue to have an accurate pulse on our industry. I'm also excited to see the turnaround in the agricultural arena, noting for the first time this year that pages are up 4.0% and spending up almost 9.0%," said Gordon T. Hughes II, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , American Business Media American Business Media is an association of business information providers that was founded in 1906. Currently, the association has more than 300 member companies and delivers business intelligence to industry, Madison Avenue, Wall Street and the Beltway, representing almost 5,000 .

AD PAGES

June ad pages rose 11.7% vs. June 1999, with spending increasing by 16.6% over 1999. In June, the top five growth categories in ad pages vs. 1999 are as follows: Finance, Business, & Advertising, up 45.4%; Telecommunications, up 41.7% (from 28.4%); Drugs & Toiletries, up 14.3%; Services, Direct Response, Classified, up 11.8%; and Manufacturing & Electrical Equipment, Mat's & Components, up 9.8%.

AD SPENDING

Finance, Business, & Advertising continues to lead the pack in spending during the month of June, with an increase of 61.1%. Spending also increased in the following areas: Telecommunications, up 58.2%; Services, Direct Response, Classified, up 16.7%; Manufacturing & Electrical Equipment, Mat's & Components, up 15.7%; and Drugs & Toiletries, up 14.0%. Noteworthy is the sharp increase in the Agricultural industry (Horticulture horticulture [Lat. hortus=garden], science and art of gardening and of cultivating fruits, vegetables, flowers, and ornamental plants. Horticulture generally refers to small-scale gardening, and agriculture to the growing of field crops, usually on a large  & Farming) to almost 9.0% (from -5.0%), representing the biggest turnaround in the month of June. On the whole, more categories are up in ad spending during the month of June than in any other month previously.

The Business Information Network (BIN), is a joint venture between American Business Media (ABM ABM: see guided missile.

ABM - Asynchronous Balanced Mode
) and Competitive Media Reporting (CMR).

Founded in 1907, American Business Media is the industry association for global information providers that produce magazines, Web sites, trade shows, conferences, newsletters, and other media. These member companies reach an audience of more than 39 million professionals and generate more than $16 billion in industry revenues.
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Publication:Business Wire
Date:Sep 6, 2000
Words:417
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