Online Ads Contribute $300 Billion To U.S. Economy

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Courtesy WebProNews - Financial  Wed, 06/10/2009 - 15:21

Online advertising contributes $300 billion to the U.S. economy, according to a new study by the Interactive Advertising Bureau.

The ad supported Internet accounts for 2.1 percent of the total U.S. gross domestic product. It directly employs more than 1.2 million Americans with above-average wages in jobs that did not exist two decades ago, and another 1.9 million people work to support those with Internet-related jobs.

The study, commissioned by the IAB was conducted by Harvard...


 

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