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Instead it fell by 4.5% last year and IOBE predicts it will decline by 3.2% in 2011.
UBS, a bank, predicts that expenditure on ads will increase by 5%, whereas Goldman Sachs, a rival, forecasts that it will decline by as much as 5%.
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"We think it'll decline by 40%," he says, "depending on the magnitude of the catalyst".
This is bearable given the scale of the recession; the real problem is that it will decline only to $1.2 trillion by 2019, still a horrendous 5.5% of GDP.
It is now at 68%, and the Bureau of Labor projects that it will decline to 61% by 2026.
So the assets it carries on its balance sheet will decline by £1.6 billion, helping to boost profits.This crucial recasting of BA's assets is the brainchild of Mr Spurlock, who spent a year persuading the board that BA should stop growing.
It is now 3.3 to 1, and Social Security's trustees estimate that it will decline to about 2 to 1 by 2030.
It assumes that developmental aid will decline by more than half, to $200 million this year, and taper off to $100 million by 2008.
It predicts the industry's sales will decline by 35% this year compared with 2000.
"During the next 10 years," he said, "the working age population of Japan will decline by 6percentt, in Europe it will stagnate at best, and in the United States it will expand by at least 10percentt".
It will assume that government spending next year will decline, by tens of billions of dollars, to meet a statutory limit set in 1997 but shattered for the last two years.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com