With economic uncertainty clouding Wall Street, advertiser commitments to broadcast media and access to capital, radio and television broadcasting companies could be in for a big chill for the foreseeable future.
That’s according to a newly released S&P Global ratings report that uses a schoolyard playground as a setting for its Q4 2022 economic outlook for the U.S. In short, it’s a “teeter totter” fiscal forecast for the 50 states and its territories.