Online ad spending up by 30% in Q3, sets record

Steve Safran November 15th, 2006

Spending on online advertising grew to $4.2 billion in the third quarter of 2006. That’s a jump of 30% over the same quarter a year ago. That’s according to the Interactive Advertising Bureau and it’s a new record for spending in a single quarter. It looks as though search will be the leader in spending when the year ends.