Billboards top out-of-home ad spend but are losing share

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Nearly $2 billion in US out-of-home (OOH) ad spend went to billboards in Q2, accounting for about three-fourths of OOH. That said, billboards’ share decreased by 9 percentage points with that money going to transit as commuters return to buses and trains.

Beyond the chart: OOH spend still hasn‘t returned to the $8.65 billion of 2019, before the pandemic kept consumers in their homes. This year spend will be $7.93 billion, and it will take until 2026 to rise above what it was before the pandemic.

More like this:

• Report: US Out-of-Home Ad Spending 2022
• Article: July was the worst month for ad spending in 2 years
• Article: Google offers tool to provide more clarity on programmatic ad costs

Read yesterday’s Chart of the Day here.