Receipt

    Filed September 5, 2026

    Partially right.

    The short version

    Brian Wieser predicted on January 3, 2024: “Although the relative highs of 2023 will be hard to repeat, he predicts the US ad industry will grow by roughly 5% (minus political spending) and 9% with political spend.” Verdict: Partially right. Direction right, magnitudes low on both counts. Wieser predicted roughly 5% ex-political growth and 9% growth including political for 2024.…

    Prediction by

    Brian Wieser

    On January 3, 2024

    Although the relative highs of 2023 will be hard to repeat, he predicts the US ad industry will grow by roughly 5% (minus political spending) and 9% with political spend.

    Follow-up

    Direction right, magnitudes low on both counts. Wieser predicted roughly 5% ex-political growth and 9% growth including political for 2024. By December 2024 he had revised his own ex-political estimate up to 9.0% - the fifth consecutive upgrade and more than double his initial 4.3% benchmark - and including political spending the year came in around 10.5%. The ad market did not talk itself into a downturn, but his January numbers underestimated the year by several points.

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    From the High Caliber AI network — see the AI for PR module in the course.