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by Michael C. Lowe | December 01, 2011

The exhibition industry grew by 2.6 percent year-over-year in the third quarter of this year, according to a study by the Center for Exhibition Industry Research. "The results show that the exhibition industry is healthy, vibrant and growing," said CEIR president and CEO Doug Ducate. The increase marks the fifth consecutive quarter of growth for the industry, and officials hope the trend continues through the end of this year and beyond. The total number of attendees increased by 3.7 percent, exhibitors rose by 3.6 percent, revenues grew by 1.4 percent to a total of $2.56 billion, and net square feet purchased gained by 1.9 percent. "The total index results were stronger than anticipated," said CEIR's economist Allen Shaw, Ph.D., chief economist for Global Economic Consulting Associations. "With the fifth consecutive quarter of growth, we believe the exhibition industry has successfully emerged from the Great Recession and is reporting consistent, positive gains."