Saturday, September 03, 2011

U.S. exhibitions return to growth in first half

News this week: The Center for Exhibition Industry Research (CEIR) released its semi-annual data showing the exhibition industry in the U.S. in the first half of 2011 outperforming the country’s overall economy. CEIR reported growth of 2.4% year-on-year in the exhibition industry, while U.S. GDP posted 1.9% growth. The growth in the exhibition industry is expected to continue throughout 2011.

In the second quarter of 2011, CEIR reported a moderate increase of 1.0% compared with the same quarter of 2010. The CEIR Index is a measure of four key industry factors: net square feet sold, number of exhibitors, number of attendees and revenue.

Net square feet sold at U.S.-based exhibitions grew 2.8% in the quarter. Number of attendees at the U.S. exhibitions posted an increase of 1.0%. The number of exhibitors was up 0.5% in the period and revenue, the only indicator to record decline, dropped 0.2% in the second quarter of 2011.

This post is excerpted from BSG's weekly e-newsletter which is part of our subscription research service, BSG Tracker. Visit our website to find out more about this service. You can also follow us on Twitter for all the latest updates.

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