U.S. spending on advertising statistics

I’m also an econ major so I thought it’d be interesting to look up some statistics about the advertising industry, and wow I was shocked when I found them. Statista is a great website that I have used a lot in other classes. If anyone is looking for statistics about the industries they are covering in their projects, such as online advertising and the twitter projects, I really recommend this site. But anyways, back to the statistics. In 2015 in the United States, 189.38 billion dollars was spent on advertising. In 2020, this number is supposed to rise, with this already staggering number is projected to increase to 220.15 billion dollars. Here’s the link, Annual Advertising Spending in U.S.\”