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“Can you show me an example of great teamwork?”
Me:

Vita Coco ad. Who is responsible for this nonsense?

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It’s typically like this at the end of summer. Expect things to pick up after Labor Day. How much it will pick up remains to be seen, give the ongoing volatility in the economy. But generally, Q4 is busy because clients need to use up their marketing budgets by the end of the year.
Summer slump. It's ok to feel restless and bored, but things will be moving quickly again soon enough. If you can, why don't you take some PTO? Get out there and relax while you still can, it won't last.
FYI The entire advertising world/ normal working work are uuusually on PTO during august. Now you know. Plan for it accordingly next time and in future job hunts. Expect hiring to pick back up early mid september. Hang in there.
Hang in there. You can def work on side projects without a CW.
Maybe even make stuff not so tied to advertising. Recruiters and CDs love a piece or two that is creative and not traditional of an ad a campaign.
Art directors have one of the busiest and grueling jobs in an agency, so enjoy the down time to focus on other work while you can.