The Fathom Online Keyword Price Index, the best indicator of earnings trends in the search ad industry, dropped 15% in May, almost entirely on a massive correction in inflated mortgage keyword prices. Mortgage keywords lost almost the entire cost of a subway fare, dropping 30% to $4.52 from $6.49. It was a bad month across the board, with seven out of eight categories seeing drops. One day in the future, when Google's stock stabilizes, this index will have a major effect on the stock prices. For now, its just an indicator of an evolving market. I've updated my chart:

Click For Larger Image Click to view it larger (so you can read the tiny numbers). If anyone has any design recommendations, let me know. Previous months: April March February (via Search Engine Watch) Links: Fathom Online Keyword Price Index Reader Comments... Nathan Weinberg writes the popular InsideGoogle blog, offering the latest news and insights about Google and search engines.
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