December 20, 2010

Our First Repost – TRADESHOWS RECOVER FOR FIRST TIME IN 3 YEARS

Category: Articles — admin @ 9:00 pm

We pride ourselves in providing fresh content via our blog but this article from BestInShow.com is worthy of a repost:

It’s about the biggest cloud the trade show industry has lingered under for some time, but there is a chink of light for the first time in three years as the trade show and exhibitions sector recorded positive growth in the third quarter.

Figures from the Center for Exhibition Industry Research (CEIR) revealed that conference and trade show attendance rose 6.6% in the third quarter compared with the same period in 2009. That’s after nine straight quarters of negative growth.

The net square feet of exhibit space sold and number of exhibiting companies also rose by 5.2% in the same period. Even revenues – albeit projected – showed positive growth of 5.6% in Q3.

“This is most welcome news and tends to confirm some of the anecdotal reports we have reviewed. It should be noted that the third quarter is historically the weakest of the four quarters and has had the greatest decline,” commented CEIR President and CEO Doug Ducate. “The test will be to see if this positive trend continues into the fourth quarter of 2010 and then the all-important first quarter of 2011.”

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