In 2023, the radio, TV, and consumer electronics industry in the United States spent 888.3 million U.S. dollars on advertising, down from 950.7 million dollars a year earlier. That represents an annual decrease of roughly 6.5 percent.
Advertising spending in the radio, TV, and consumer electronics stores industry in the United States in 2022 and 2023
(in million U.S. dollars)
The source calculated the figures based on data from government filings and published financial records. Single industry values are based on data from participating companies. Each year the number of participating companies varies. The historical data values for all companies within each specific industry are pooled in a cross-sectional time series analysis and a non-linear multivariate model is derived for the entire industry. In calculating advertising-to-sales ratios, sales is defined as "top-line" of the company's income statement. In industry data, the ad-to-sales ratio is a weighted average ratio for the industry, based on the sales of each company. A "0" value means that the expenditures reported amounted to less than 1,000 U.S. dollars per year. Missing values were not provided by the source due to lack of reporting from participating companies in the given industry.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Schonfeld & Associates. (July 28, 2024). Advertising spending in the radio, TV, and consumer electronics stores industry in the United States in 2022 and 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/470613/radio-television-and-consumer-electronics-stores-industry-ad-spend-usa/
Schonfeld & Associates. "Advertising spending in the radio, TV, and consumer electronics stores industry in the United States in 2022 and 2023 (in million U.S. dollars)." Chart. July 28, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/470613/radio-television-and-consumer-electronics-stores-industry-ad-spend-usa/
Schonfeld & Associates. (2024). Advertising spending in the radio, TV, and consumer electronics stores industry in the United States in 2022 and 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/470613/radio-television-and-consumer-electronics-stores-industry-ad-spend-usa/
Schonfeld & Associates. "Advertising Spending in The Radio, Tv, and Consumer Electronics Stores Industry in The United States in 2022 and 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 28 Jul 2024, https://www.statista.com/statistics/470613/radio-television-and-consumer-electronics-stores-industry-ad-spend-usa/
Schonfeld & Associates, Advertising spending in the radio, TV, and consumer electronics stores industry in the United States in 2022 and 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/470613/radio-television-and-consumer-electronics-stores-industry-ad-spend-usa/ (last visited December 21, 2024)
Advertising spending in the radio, TV, and consumer electronics stores industry in the United States in 2022 and 2023 (in million U.S. dollars) [Graph], Schonfeld & Associates, July 28, 2024. [Online]. Available: https://www.statista.com/statistics/470613/radio-television-and-consumer-electronics-stores-industry-ad-spend-usa/
