CEIR Index Results Released for the Third Quarter of 2016

Le Centre de recherche sur l'industrie des expositions (CEIR) has released the CEIR Index results for this year’s third quarter. The growth of trade shows in 2016Q3 slightly increased, as measured by the CEIR Total Index, posting a moderate year-on-year gain of 1.9% in the third quarter (see Figure 1), compared to 1.6% in the second quarter of 2016. Faster growth was primarily attributable to a rebound in attendees. It marked the twenty-fifth consecutive quarter of year-on-year growth. Furthermore, the industry has continued to outperform the macroeconomy for seven quarters straight (see Figure 2).

Figure 1: Quarterly CEIR Total Index for the Overall Exhibition Industry, Year-on-Year Growth, 2011Q1-2016Q3

CEIR 2016Q3 Figure 1

“Improvement in exhibition performance amidst economic and presidential election uncertainties demonstrates strength in the exhibition industry.” said CEIR Economist Allen Shaw, Ph.D., Chief Economist for Global Economic Consulting Associates, Inc.

La forte croissance d’une année sur l’autre Discretionary Consumer Services, Medical and Health Care et Transport more than offset the weakness in Machines industrielles/lourdes et intrants commerciaux finis et Matières premières et science.

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

2016Q3 CEIR Figure 2

All exhibition metrics in the third quarter posted positive year-on-year gains. Net square feet, exhibitors and real revenues (nominal revenues adjusted for inflation) rose slightly over 2.0%, whereas attendees posed a modest increase of 1.1% (see Figures 3 and 4). The latter compares to a decline of 0.2% in the second quarter. Weakness in energy-sector investments due to low oil prices remained a drag on oil related exhibitions. However, the strong showing in attendance of Transport, Medical and Health Care et Bâtiment, construction, maison et réparation more than made up for the decline in oil related exhibitions.

Figure 3: Quarterly CEIR Metrics for the Overall Exhibition Industry, Year-on-Year Growth, 2016Q3CEIR 2016Q3 Figure 3

Figure 4: Quarterly CEIR Metrics for the Overall Exhibition Industry, Year-on-Year Growth, 2009-2016Q3CEIR 2016Q3 Figure 4

“Our third quarter report continues to deliver an encouraging message that our industry is both growing and remains relevant across so many sectors,” said CEIR President & CEO Brian Casey, CEM. “The revised GDP growth rate for the third quarter of this year looks to exceed 3%, which offers a glimpse at a continued positive path for the exhibition industry. We continue to maintain a favorable outlook for the coming year as well, which should be good for everyone’s business.”

À propos du CEIR
Le CEIR fournit des recherches de pointe sur l'industrie nord-américaine des expositions et des événements à l'échelle mondiale, qui optimisent les performances, augmentent l'engagement et répondent aux besoins émergents des clients. Pour plus d'informations, visitez www.ceir.org.


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Marie Tucker
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