CEIR Announces 2017 Third Quarter Index Results

El Centro de Investigación de la Industria de Exposiciones (CEIR) reports that performance of the exhibition industry in the third quarter of 2017, down 0.7% from a year ago, was impacted by factors related to several large exhibitions in the Bienes de consumo y comercio minorista (CG) and Artículos deportivos, viajes y diversión (ST) sectors.

The weaknesses in those events were attributable to event-specific factors not related to the overall exhibition industry or the economy, as both consumer disposable income and consumption expenditures remain strong. Excluding the CG and ST sectors, the exhibition industry gained 2.8% from a year ago.

Figure 1: Quarterly CEIR Total Index for the Overall Exhibition Industry, Year-on-Year % Change, 2011Q1-2017Q3

CEIR Index 2017Q3 Results Figure 1

All exhibition metrics in the third quarter posted negative year-on-year losses, except Attendance which gained 3.4% (Figure 2). Real Revenues (nominal revenues adjusted for inflation) posed the largest decline of 3.0% whereas Exhibitors and Net Square Feet declined 2.1% and 1.1%, respectively. The results in the Attendance metric for the third quarter bodes well for the exhibition industry, as Attendance is a leading indicator.

Figure 2: Quarterly CEIR Metrics for the Overall Exhibition Industry, Year-on-Year % Change, 2017Q3

“The decline was a temporary setback as economic fundamentals still point to moderate growth for the exhibition industry,” said CEIR Economist Allen Shaw, Ph.D., Chief Economist for Global Economic Consulting Associates, Inc. Shaw further notes, “In looking at performance of the industry cumulatively from Q1 through Q3, all metrics remain in positive territory. Even with the negative performance in Q3, the overall Index growth for the first three quarters still achieved a moderate 1.6% growth rate (Figure 3). Nonetheless, the exhibition industry lagged U.S. GDP growth of 2.2% during the same period.”

CEIR CEO Cathy Breden, CMP, CAE added, “While the results of the third quarter might appear dire, it is important to keep in mind that without the outliers, the exhibition industry gained 2.8% over a year ago. Our industry is still forecast to grow through year-end.”

Figure 3: CEIR Metrics for the Overall Exhibition Industry, Year-on-Year % Change, 2017 Cumulative Q1 Through Q3

CEIR Index 2017Q3 Results Figure 3

Acerca del CEIR
CEIR sirve para promover el crecimiento, la conciencia y el valor de las exposiciones y otros eventos de marketing presenciales mediante la producción y entrega de herramientas de investigación basadas en el conocimiento que permiten a las organizaciones interesadas mejorar su capacidad para satisfacer las necesidades actuales y emergentes de los clientes y mejorar su desempeño comercial. y fortalecer su posición competitiva. Para obtener información adicional, visite www.ceir.org.

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Consultas de los medios:
María Tucker
+1(972) 687-9226
mtucker@ceir.org