News this week: The Center for Exhibition Industry
Research (CEIR) has released its index report on the second quarter
performance of the U.S. exhibition industry. CEIR reports the U.S. exhibition
industry posted growth of 1.2% year-on-year, down 0.3% compared with the second
quarter of 2012.
CEIR’s latest figures represent a twelfth consecutive
quarter of year-on-year growth. The CEIR index is a measure of four key
industry factors: net square feet sold, number of attendees, number of
exhibitors and event revenues.
Net square feet sold at U.S.-based exhibitions were flat in
the second quarter compared with the same period in 2012, but revenues were up 1.4%
compared with the second quarter of 2012. Overall attendance recorded the largest
gain with an increase of 3.9% - that is an improvement over the 2.9% increase
recorded in the same period in 2012. The number of exhibiting companies slipped
by 0.5% which is weaker than the 0.1% increase recorded in Q2 2012.
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