First decrease in the trade show industry since 2002
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The main indicators of activity of the trade show industry such as exhibit space, exhibitors, attendance and revenues have declined in 2008. This has led to the first overall decline in this market since 2002, according to the annual report of Center for Exhibition Industry Research´s (CEIR). The market dropped 3.1% in 2008, especially due to a strong drop in the second half of the year.
Sector-wise, here are the winners and losers:
· information technology, up 9.8 percent;
· raw materials, up 3.4 percent;
· medical and healthcare, up 1.3 percent;
· industrial, up 1.1 percent;
· government, down 3.9 percent;
· professional business services, down 5.1 percent;
· transportation, down 5.9 percent;
· consumer goods, down 7 percent;
· building and construction, down 9.8 percent.
