Marketing Spending and Hiring Growth Slows Amidst Economic Uncertainty
The CMO Survey
MARCH 28, 2023
As a result of reduced spending, marketing organization size growth slowed to a 3.4 That’s a huge drop from 2022, which averaged 12 to 15 percent growth and below the long-term survey average (since 2010) of 5.6 Marketing hires are likewise slated to slow to a 3.9 percent increase over the last year. percent vs. 48.7
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