Sorrell Downplays Talk of Recession

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NEW YORK WPP Group CEO Martin Sorrell today downplayed talk of a possible recession next year, indicating that he’s expecting the industry and his company to grow due in part to ad spending around the Summer Olympics and U.S. presidential election.

Sorrell also cited as positive signs recent WPP wins such as global marketing services duties on Dell, with estimated revenue of more than $100 million, and AT&T’s consolidation of U.S.

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