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.”
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.
No comments:
Post a Comment