News this week:
The Center for
Exhibition Industry Research (CEIR) reported its Index
report for the fourth quarter 2014. The U.S. exhibition industry recorded
growth for 18 consecutive quarters – which was up 1.7% year-on-year during the
reported period.
All
four criteria used in the research, net square feet sold, number of exhibitors,
number of attendees and revenues posted increases. The number of attendees saw
the highest growth with 2.6%. This was followed by revenues (up 2.1%), net
square feet sold (up 2.0%), and number of exhibitors (up 0.2%).
CEIR’s
economist and chief economist for Global Economic Consulting Associates, Inc.,
Allen Shaw, Ph.D., said, “With the fourth quarter’s results and 18 consecutive
quarters of growth and our predictions closely matching outcomes, we are
confident in the continued growth and progress of the industry.”
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