|FOR IMMEDIATE RELEASE|
Overall Exhibition Industry Grew 1.2% Marking Three Years of Consecutive Growth
CEIR Index Second Quarter Results in Line with Economists’ Projection
“Overall, the second-quarter results continue on a positive upswing, and they confirm that the exhibition industry has effectively weathered the recession and is a valuable business practice despite ongoing uncertainty from lawmakers in Washington,” says CEIR’s economist Allen Shaw, Ph.D., Chief Economist for Global Economic Consulting Associates, Inc.
It is anticipated that there will be minimal growth through 2013; however, the exhibition industry will gain momentum in 2014 and track with GDP growth for the long-term.
As an objective measure of the annual performance of the exhibition industry, the CEIR Index measures year-over-year changes in four key metrics to determine overall performance: Net Square Feet of Exhibit Space Sold; Professional Attendance; Number of Exhibiting Companies; and Gross Revenue. The CEIR Index provides exhibition industry performance across 14 key industry sectors: Business Services; Consumer Goods; Discretionary Consumer Services; Education; Food; Financial, Legal and Real Estate; Government; Building, Construction, Home and Repair; Industrial/Heavy Machinery and Finished Business Inputs; Communications and Information Technology; Medical and Health Care; Raw Materials and Science; Sporting Goods, Travel and Entertainment; and Transportation.
For more information about the CEIR Index, an Analysis of the 2012 Exhibition Industry and Future Outlook report or Predict – CEIR’s Annual Exhibition Industry Outlook Conference, contact CEIR Executive Director Cathy Breden, CAE, CMP, at firstname.lastname@example.org or +1 (972) 687-9201.
CEIR serves to advance the growth, awareness and value of exhibitions and other face-to-face marketing events by producing and delivering knowledge-based research tools that enable stakeholder organizations to enhance their ability to meet current and emerging customer needs, improve their business performance and strengthen their competitive position. For additional information, visit www.ceir.org.
Susan Brower, CMM, CCP
+1 (972) 687-9207