NEW YORK: Spending on traditional PR is expected to increase at an 8% compound annual growth rate through 2015, reaching nearly $5.4 billion at that time, according to a forecast released this week by investment firm Veronis Suhler Stevenson.

When combined with word-of-mouth marketing, the segment is expected to grow at a 14% CAGR, reaching nearly $11 billion in expenditures by 2015. The spending increase is due to PR’s expanding role in integrating marketing campaigns and social media boosting growth in word-of-mouth marketing, according to the study.

Emails maybe missing the mark, while social media seems to be hitting the bulls-eye.