US exhibition industry still in decline: report

The US exhibition industry has declined for the ninth straight quarter, according to research.

US exhibition industry still in decline: report
US exhibition industry still in decline: report

According to the Center for Exhibition Industry Research (CEIR), the overall industry slipped 1.4% during the second quarter of 2010.

"It is anticipated that slow growth will continue through 2010, and the results suggest that if the US economy is able to avoid a double-dip recession, the fourth quarter of 2010 and first quarter of 2011 could be the beginning of a true recovery for the exhibition industry," said the CEIR in a statement.

Much of the event industry is recovering slowly from the recession. Earlier this week Event revealed the corporate hospitality industry in the UK is only expected to grow 1% this year.

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