U.S. Ad Index Expands For First Time In 11 Months In May (mediapost.com)

The U.S. Ad Market Tracker rose 2.5% in May — the first expansion in 11 months. The expansion compares with the year-ago period that was only up modestly and is the best May since Standard Media Index began tracking it.

The growth is the first material sign that the U.S. ad marketplace is pulling out of a recession that began in July 2022, based on the SMI data, which is derived from a pool of actual ad spending processed by the major agency holding companies and independent media services agencies.
more at: https://www.mediapost.com/publications/article/386604/us-ad-index-expands-for-first-time-in-11-months.html

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