PR Firms Successfully Riding the Economic Roller Coaster
Tuesday, April 21st, 2009
According to several recent research studies and industry surveys, the economic impact of the current recession on the PR efforts of companies in the United States has been somewhat modest compared to other industries. Communication budgets may have shrunk a bit and purse strings are being watched more closely, but on average, PR firms have been holding their own. By avoiding dramatic reductions in staff, reducing payments to external agencies, and freezing or reducing salaries for internal employees, most PR firms are succeeding in meeting the challenges of the economic downturn. (more…)