Monday, March 16, 2015

U.S. exhibition industry grows 1.7% in Q4

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.”

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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