Friday, August 23, 2013

CEIR reports twelfth consecutive quarter of growth in U.S.

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.

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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