Dallas—The trade show industry posted its fifth consecutive quarter of growth in the third quarter, according to the CEIR Index released by the Center for Exhibition Industry Research. The CEIR Index, which tracks attendees, exhibitors, revenue and net square feet, increased 2.6% in the third quarter compared with the year-earlier period.
The number of trade show attendees jumped 3.7% in the third quarter, according to the index. Additionally, the number of exhibitors (3.6%) and inflation-adjusted revenue (1.4%) both increased. Net square footage grew 1.9%.
“The total index results were stronger than anticipated and are also stronger than the year-on-year real GDP growth,” said CEIR economist Allen Shaw, who is also chief economist for Global Economic Consulting Associates, in a statement.