Local online advertising growing relative to overall online advertising

According to this local media report, local internet advertising grew 48% last year but is going to grow only 8% in 2009.  Contrast that with the decline of yellow pages and televison advertising by 17% or more next year.  Now is a great time to be investing in growing your company for the long term, while everyone else is scratching their heads and crying woe.  If you have the cash, invest in your business now.

Tags: local advertising statisticsonline advertising growthyellow page decline