LEADER: Little confidence can go a long way

<p>News that the global magazine advertising expenditure is tipped to </p><p>rise a mere 0.7 per cent this year, according to the World Magazine </p><p>Trends report, should come as little surprise. </p><p><BR><BR> </p><p>Publishers have long considered the high growth rate brought about by </p><p>the dotcom boom of 2000 as nothing less than extraordinary. But while </p><p>adpsend figures remain bleak this year, publishers should take heed in </p><p>the fact that confidence is slowly returning to the sector. </p><p><BR><BR> </p><p>Indeed, many are spot-on in arguing that increases in bookings would </p><p>have been posted this year had figures not have been influenced by last </p><p>year's dotcom mania. </p><p><BR><BR> </p>

News that the global magazine advertising expenditure is tipped to

rise a mere 0.7 per cent this year, according to the World Magazine

Trends report, should come as little surprise.



Publishers have long considered the high growth rate brought about by

the dotcom boom of 2000 as nothing less than extraordinary. But while

adpsend figures remain bleak this year, publishers should take heed in

the fact that confidence is slowly returning to the sector.



Indeed, many are spot-on in arguing that increases in bookings would

have been posted this year had figures not have been influenced by last

year's dotcom mania.