In 1999, 75% of the 50 corporate members in the Public Affairs Group reported funds increased, while roughly a quarter reported slimmer allocations for the same period. Average communications budgets for Fortune 500 companies panned out as follows:
Sales | Average PR Budget |
$1-5 Billion | $3,750,000 |
$5-10 Billion | $6,075,000 |
$10+ Billion | $10,012,500 |
Source: Public Affairs Group |