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Google’s Ad Sales Slow Sharply, an Ominous Sign for US Economy
October 26, 2022
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Alphabet IncBusiness & MarketsCompanieseconomygoogle adsGoogle Adwordsinflationonline spendingrecessionTechTech NewsUS
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Google’s parent company Alphabet posted disappointing ad sales numbers in its third-quarter results, leading to a fall in the company’s share price, while indicating a dismal outlook for overall business confidence and the economy. Total operating income for the quarter ended Sept. 20 was $17.1 billion, a decline of more than 18 percent from 2021’s…
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