Online Ads to Take Hit Based on Economic Crisis?

The Internet analyst community is starting to see signs that online advertising will soon take a hit as a result of the ongoing economic meltdown.
Though the latest spending data issued by the Interactive Advertising Bureau and PricewaterhouseCoopers earlier this week indicated a solid growth rate of 15.2 percent for online advertising through the first half of 2008, some observers see signs of weakness. eMarketer analyst David Hallerman issued a report on Oct. 9 pointing out that classified ad spending was down by more than 5 percent during that period.

Classified ad slippage,