Number of dailies sold in last three recessions and just prior to the recessionBack to News
The number of dailies sold in the year leading up to the recessions of 1992 and 2001 followed the same pattern seen in 2007-2008.
In 1990 46 dailies exchanged hands, followed by 29 in 1991 and just 21 in 1992.
Similarly, in 2000 a record 135 dailies were sold, followed by only 22 in 2001.
This decline of 84% was closely mirrored in 2008 when the number of dailies to change hands dropped 82% from the year before.