Exhibition Industry Revenue Grows 11.3 Percent in Second Quarter of 2007

9/27/2007 - The Center for Exhibition Industry Research (CEIR) announces that data collected for the annual CEIR Index report reveals that show revenues continue to flourish in the second quarter of 2007. Year-to-date revenue rose 11.3 percent to $2.65 billion when compared to the same time period in 2006. In addition to this promising growth figure, attendance grew 13.5 percent. The other second quarter numbers for 2007 compared to 2006 are Net Square Feet, up 3.0 percent, and Exhibitors, up 4.5 percent. "The results show that the exhibition industry is healthy, vibrant and growing" commented CEIR President Doug Ducate. "We have had two great quarters and the trend is expected to continue through 2007."

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; Attendees; Exhibitors; and Revenue. The CEIR Index provides exhibition industry performance across 11 key industry sectors: Professional Business Services; Consumer and Retail Trade; Sports and Entertainment; Food; Government; Building and Construction; Industrial and Manufacturing; Communications and Information Technology; Medical and Health Care; Raw Materials and Science; and Transportation.

Earlier this year, the CEIR Index reported the exhibition industry grew 4.8 percent in 2006 over 2005 levels, just slightly below the 5.8 percent gain posted by the industry in 2005 versus 2004, but marking the fourth consecutive year of industry growth. Over the course of the period covered by this report (2000-2006), all four exhibition industry metrics rose on a CAGR (compound annual growth rate) basis: Net Square Feet (+3.6 percent); Revenue (+2.6 percent); Attendees (+1.6 percent); and Exhibitors (+1.5 percent). In 2006, Revenue increased 9.7 percent, followed by 4.6 percent, 3.8 percent and 1.3 percent gains in Attendees, Net Square Feet and Exhibitors, respectively.

About CEIR
The Center for Exhibition Industry Research (CEIR) serves to advance the growth, awareness and value of exhibitions and other face-to-face marketing events by producing and delivering research-based knowledge 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 more information, go to www.ceir.org.



Contact:
cnauta@ceir.org

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