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2017考研英语阅读理解练习题:广告业是美国经济的晴雨表
WhenRupert Murdoch sees beams of light in the American advertising market, it isnot necessarily time to reach for the sunglasses. Last October, when the impactof September 11th was only beginning to tell, the boss of NewsCorp, a mediagroup, had already identified “strong rays of sunshine”. With ad sales still languishing, Mr. Murdoch declared last month that “there are some hints of a modestupswing in the U.S. advertising markets.” His early optimism turned out tobe misplaced. Now, however, other industry observers are beginning to agreewith him.
Advertisingusually exaggerates the economic cycle: falling sharply and early in adownturn, and rebounding strongly once the economy has begun to recover. Thisis because most managers prefer to trim their ad budgets rather than theirpayrolls, and restore such spending only once they feel sure that things arelooking up. Last year, America's ad market shrank by 9.8%, according to CMR, aresearch firm. Although ad spending has not yet recovered across all media,some analysts now expect overall ad spending to start to grow in the thirdquarter.
The signsof improvement are patchy, however. Ad spending on radio and television seemsto be inching up—advertising on American national radio was up 2% in January on the sameperiod last year, according to Aegis—while spending on magazines and...