"Google had a strong quarter--we saw 7% year-over-year revenue growth despite the tough economic conditions," said Eric Schmidt, CEO of Google. "While there is a lot of uncertainty about the pace of economic recovery, we believe the worst of the recession is behind us and now feel confident about investing heavily in our future."

http://www.google.com/intl/en/press/pressrel/2009Q3_google_earnings.html

Brisk Ad Sales Spur Google in Third Quarter :
http://www.nytimes.com/2009/10/16/technology/companies/16google.html?_r=1