Friday, June 21, 2013

CEIR posted a 1.3% increase in Q1 in U.S. exhibition industry

News this week: The Center for Exhibition Industry Research (CEIR) has released its results on the performance of the U.S. exhibition industry in the first quarter of 2013. According to CEIR, the overall U.S. exhibition industry grew by 1.3% in the quarter, compared with the same quarter last year. The real GDP in the same period was up by 1.8%.

Three of the four metrics tracked by CEIR (net square feet sold, number of exhibitors and revenues) increased in the first quarter of 2013. The decline of 0.2% recorded in the number of attendees was attributed to the weakness of participation from government employees. The net square feet sold recorded the biggest increase of 2.3%, which was followed by a 2.2% increase in the number of exhibitors, while revenues in the quarter grew by 1.0%.

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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