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CEIR Predicts Future

CIER

CEIR Predicts

The Center for Exhibition Industry Research (CEIR) just announced that data collected for the annual CEIR Index report for the first quarter of 2009 reveals that the exhibition industry experienced an overall decline of 11.6 percent when compared to the same quarter of the previous year, before any widespread industry downturn had begun. Year-over-year contraction of the exhibition industry is directly linked to the continuing recession. Further declines are likely throughout the first half of 2009.

The 6th Edition CEIR Index, released in early April, reported that the National Association of Business Economists predicts that the U.S. economy will recover during the second half of 2009, with the GDP beginning to grow again at that point at an annualized rate of 1.6 percent.

More at www.ceir.org.

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