CEIR Announces 2017 Fourth Quarter Index Results

Le Centre de recherche sur l'industrie des expositions (CEIR) reports that growth of the exhibition industry during the fourth quarter of 2017 resumed after a temporary setback in the third quarter. The performance of the industry, as measured by the CEIR Total Index, posted a strong year-on-year gain of 3.1% (see Figure 1). Despite displaying somewhat greater volatility, exhibitions are keeping pace with the macroeconomy (see Figure 2).

Figure 1: Quarterly CEIR Total Index for the Overall Exhibition Industry, Year-on-Year Growth, 2011Q1-2017Q4

CEIR 2017Q4 Index Results Figure 1

Figure 2: Quarterly CEIR Total Index for the Overall Exhibition Industry vs. Quarterly Real GDP, Year-on-Year Growth, 2008Q1-2017Q4

CEIR 2017Q4 Index Results Figure 2

“The increase in the fourth quarter supports our prediction that 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.

Biens et services de consommation discrétionnaire; Machines industrielles/lourdes et intrants commerciaux finis; et Building, Construction, Home and Repair sectors all registered robust year-on-year gains. In contrast, Consumer Goods and Retail Trade; Gouvernement; et Raw Materials and Science sectors posted year-on-year declines.

All exhibition metrics in the fourth quarter posted positive year-on-year gains (Figures 3 and 4).  Real revenues (nominal revenues adjusted for inflation) posted the largest increase of 5.0%, followed by exhibitors which rose 3.4%, whereas net square feet and attendees gained 2.5% and 1.5%, respectively.

Figure 3: Quarterly CEIR Metrics for the Overall Exhibition Industry, Year-on-Year Growth, 2017Q4

Figure 4: Quarterly CEIR Metrics for the Overall Exhibition Industry, Year-on-Year Growth, 2009-2017Q4

CEIR 2017Q4 Index Results Figure 4

“When looking at the quarterly results for real revenue, one has to keep in mind perspective,” said CEIR CEO Cathy Breden, CAE. CMP. “During the Great Recession, real revenue suffered the biggest decline among four metrics. The big fall naturally leads to a big rebound. As such, real revenue has experienced the largest recovery during the past seven years. Nonetheless, real revenue in 2017 – $10.29 billion – was still 3% below the peak in 2007. In addition, revenue per NSF in 2017 was still below the 2007 level.”

À propos du CEIR
Le CEIR sert à faire progresser la croissance, la notoriété et la valeur des expositions et autres événements de marketing en face à face en produisant et en fournissant des outils de recherche basés sur les connaissances qui permettent aux organisations parties prenantes d'améliorer leur capacité à répondre aux besoins actuels et émergents des clients et d'améliorer leurs performances commerciales. et renforcer leur position concurrentielle. Pour plus d'informations, visitez www.ceir.org.

###

Demandes des médias:
Marie Tucker
+1(972) 687-9226
mtucker@ceir.org