In the U.K., we again had solid growth in Q2, while in Continental Europe, organic revenue decreased moderately due to continued macro challenges. Turning to the client sectors. We had growth during the quarter in auto and transportation, financial services and food and beverage. As expected, we had decreases in the tech and telecom and consumer goods category. It's worth noting that absent the loss of SC Johnson, the consumer goods category showed solid growth, a sign that our U.S. business is solid.In health care, we continue to see industrywide softness due to patent expirations and regulatory uncertainty. Retail sector revenues in the quarter decreased due to some pullback from existing clients. These trends weighed particularly heavy on our U.S. revenue in the quarter.
The Interpublic Group Of Companies Management Discusses Q2 2012 Results - Earnings Call Transcript
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