Corporations Marketing Budgets: 10 Companies with highest Advertising Spends

Marketing spends by industry : Forecast by Forrester 

In lean times, when markets are not doing well, amidst weak economy and sluggish demand , The one thing most companies do  is  to cut down its spends on advertising.

While many feel, this is not a great idea, as they reason, that in a bad economic climate when 90% brands have cut down spends, its is the rest 10% of the brands that continues to market during  bad times are the ones that " gets consumers attention, when the economy bounces back.

However during normal times , which are those global companies that spends the highest on their marketing and advertising ?
The List below  the chart shows the  Brands that spent the biggest on marketing and advertisin

1. PROCTER &GAMBLE :                 $3.4 billion
   
2. AT&T :                                                 $2.99billion
   
3. GENERAL MOTORS:                      $2.87 billion
   
4. VERIZON :                                          $2.45billion
   
5. AMERICAN EXPRESS:              $2.22 billion
   
6. PFIZER:                                             $2.12billion
   
7. WALMART :                                     $2.06billion
   
8. TIME WARNER:                           $2.04billion
   
9. JOHNSON & JOHNSON:          $2.03billion
   
10. L'OREAL :                                           $1.98billion