PR Budgets on the Rise

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