No Online Ad Recession, Yet - eMarketer.
Check out this article that explains how online marketing is still not in recession (as per the definition)
“The consensus of economists around the world is that the definition of a recession is negative growth for a period of two or more consecutive quarters (based on year-over-year, not quarter-over-quarter, comparisons). By that yardstick, while online advertising is unquestionably down, it is not in recession.”
“The net US revenues at the four major search portals, which account for by far the majority of online ad revenues, all showed quarter-over-quarter growth in Q4 2008 and fell in Q1 2009. But that represents only one quarter of falling growth—and it follows the traditionally oversized Q4.”
(In Dollars)

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