News this week: Earlier this week, UFI, the Global
Association of the Exhibition Industry, announced the results of its 9th
Global Barometer Survey. Data of the survey was collected from 221 companies
from 61 countries which includes UFI members and members of SISO (Society of Independent Show Organizers)
in the U.S., AFIDA (Asociacion
International de Ferias de America) in Central and South America, and EXSA, the Exhibition and Events Association
of Southern Africa.
According to the survey,
about 60% of the companies in all regions expect their turnover to increase
during the year. In terms of operating profit, about half of American companies
forecast an increase by more than 10% with nearly half of the Asia/Pacific companies
concurring. It is noteworthy that 44% of the companies surveyed believe that the
negative impact of weak economies in the U.S. and Europe will end in 2013.
Paul Woodward, UFI
Managing Director, concluded, “Apparently our industry is more conservative in
their outlook than the results would show to be true. The results of our most
recent Global Barometer survey confirm that our exhibition media continues to
outperform expectations despite the tough economic environment.”
More details can be found here: UFI
press release or here: UFI
Global Barometer Survey result.
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