More than 56 percent of U.S. public relations owners and leaders report their agencies are not experiencing a slowdown in client business and they don’t expect any prospective recession will impact their agency revenues or growth in 2023.
Another quarter, 23 percent, believe any upcoming recession will be limited to two to three quarters and that business will rebound by the end of this year.
Twenty percent believe they’re facing a moderate recession lasting more than a year and are already seeing a slowdown.
From the inaugural PR Power Poll of U.S. PR agency owners and leaders; March 13-17, 2023.
– PR Power Poll, March 2023 survey results