DALLAS, 21 February 2012 – Today, the Center for Exhibition Industry Research (CEIR), in its analysis of the latest data collected for the CEIR Index, reports that overall exhibition industry activity increased by 3.8% from the level one year-ago during the fourth quarter of 2011, and rose by 2.7% for the year 2011 as a whole. After a brief pause in the second quarter of 2011, the growth of the exhibition industry picked up its pace. The industry’s performance continued to surpass real GDP, which only grew by 1.6% during the fourth quarter of 2011, compared to the final quarter of 2010.
The forecast for 2011 was for 2.3 percent industry growth; however, actual growth was 2.7% which is 15% better than forecast. The exhibition industry outperformed GDP for three of the four quarters during 2011 and by 1% (2.7% versus GDP 1.7%) for the year. Since most exhibitions are typically trailing economic indicators, only time will tell if the industry can continue to outperform the overall economy. Continue Reading
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