US Out of Home Advertising Continues 2023 Growth with 2.2% Increase in Q2
WASHINGTON, Sept. 21, 2023 /PRNewswire/ -- Out of home (OOH) advertising revenue increased 2.2 percent in the second quarter of 2023 compared to the previous year, accounting for $2.68 billion, based on figures released by the Out of Home Advertising Association of America (OAAA).
- Despite ongoing economic uncertainties, the second quarter was the second highest in volume in the history of OOH.
- The Transit category generated the greatest quarterly growth over the second quarter of 2022, increasing by 7.7 percent.
- "The experience economy continues to surge, as evidenced by the huge jump in the travel category last quarter," said Anna Bager, President & CEO, OAAA.
- Six of the top 10 OOH product categories produced increases greater than total OOH quarterly growth of 2.2 percent compared to Q2 2022, including: