Friday, June 05, 2015
News this week: Earlier this week, the Center for Exhibition Industry Research (CEIR) released its index report on the first quarter performance of the U.S. exhibition industry. The U.S. exhibition industry grew 4.6% year-on-year to record an eight year high.
All four metrics of CEIR’s index, net square feet sold, number of exhibitors, number of attendees, and revenues, recorded growth. Growth of revenues led the index recording an increase of 7.3% year-on-year. This was followed by growth in net square feet sold of 4.1%, number of attendees by 3.7%, and a 3.3% growth in number of exhibitors.
CEIR President & CEO Brian Casey, CEM, was quoted, “We are very encouraged to see that the exhibition industry is continuing its upward climb. While industry growth has been moderate, the strong performance of Q1 is certainly offering positive indicators for the near future.”