Field said Q3 doesn't look any better after reporting Entercom's net revenue declined 1% in Q2 to $104.7 million. In Q2 of 2010 Entercom reported $105.8 million but that was during a time when it looked like consumers and businesses were hopeful that the economy was on an upward trajectory. Now, all bets are off as the markets are rattled and consumers worry about a double dip recession brought on by Washington's inability to work out budgetary problems. Field said "conditions remain sluggish and Q3 is pacing down." Field began his comments with "we picked a beautiful day for a conference call," clearly a reference to the stock market drop of 634 points.
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