Section I: United States (continued) - Trade Show Executive
Section I: United States (continued) - Trade Show Executive
Section I: United States (continued) - Trade Show Executive
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TRENDING & SPENDING<br />
An Insider’s Perspective<br />
How is the economy impacting the<br />
exposition industry? This month, eight<br />
industry experts give you projections and<br />
early warning signs based on registration<br />
patterns, exhibit space commitments,<br />
long- and short-term bookings, and<br />
discussions with peers and customers.<br />
Together with the rest of <strong>Trade</strong> <strong>Show</strong><br />
<strong>Executive</strong>’s Exposition Forecasting Board,<br />
they have insider knowledge about the<br />
true performance of the majority of U.S.<br />
trade shows.<br />
And just like economists, they don’t<br />
always agree. Their diverse opinions, however,<br />
provide valuable insights to help you<br />
formulate your plans.<br />
Darlene Gudea,<br />
PRESIDENT<br />
<strong>Trade</strong> <strong>Show</strong> <strong>Executive</strong><br />
Frank Chow,<br />
CHIEF ECONOMIST<br />
<strong>Trade</strong> <strong>Show</strong> <strong>Executive</strong><br />
Aaron Bludworth<br />
COO<br />
Fern Exposition<br />
Event Services<br />
<strong>Trade</strong> <strong>Show</strong>s Will Weather the Storm<br />
“An author one wrote, ‘As sure as the Spring will follow the<br />
Winter, prosperity and economic growth will follow recession.’<br />
I am bullish that this indeed is the case, however, our<br />
winter is long and a true thaw may be a ways off. As long as<br />
the crop could freeze, we will see resistance to long-term investment<br />
and growth. The Fed recently put a long-term freeze<br />
on interest rates and the debt ceiling crisis is temporarily out<br />
of the headlines. These factors should provide some degree<br />
of stability and contain our current levels of participation.”<br />
Nancy Walsh<br />
EXECUTIVE VP<br />
Reed Exhibitions<br />
Tom Caridi<br />
CFO<br />
Questex Media Group<br />
Colette O’Donnell<br />
GROUP CONTROLLER<br />
Advanstar<br />
Communications, Inc.<br />
Jack Chalden<br />
MANAGING DIR.<br />
The International<br />
Economic Alliance<br />
Conservative Spending Patterns Will Prevail<br />
“Continued global economic weakness, with little evidence<br />
of improvement in the short-term, hits trade shows with the<br />
effect being felt first in overall attendance. Corporations will<br />
continue to act very conservatively, keeping money close to the<br />
vest, until the economic picture becomes clearer. Job growth<br />
will continue to be weak. Overall, too much uncertainty exists<br />
to move the needle in a more positive direction. Happily, most<br />
of the Fourth Quarter shows will have secured the bulk of their<br />
exhibitor commitments well in advance, so the recent economic<br />
news will not have much of an impact either way.”<br />
Chris Brown<br />
EXECUTIVE VP<br />
National Association<br />
of Broadcasters<br />
Skip Cox<br />
PRESIDENT & CEO<br />
Exhibit Surveys<br />
Value Ratings are Improving<br />
“Growth in key economic indicators appears to be stagnating<br />
a little, based on our observations of the events we analyze,<br />
but there is still growth. The big plus is that attendee and<br />
exhibitor value ratings in meeting their objectives have been<br />
improving. Events achieving the best results are those that<br />
<strong>continued</strong> to evolve and innovate their show experience for<br />
attendees and exhibitors during the recession (despite lower<br />
budgets) so they were poised for growth in 2011.”<br />
Gregg Caren<br />
SENIOR VP,<br />
STRATEGIC BUS.<br />
SMG<br />
James Rooney<br />
EXECUTIVE DIRECTOR<br />
Mass. Convention Center<br />
Authority<br />
22 September 2011 | <strong>Trade</strong> <strong>Show</strong> <strong>Executive</strong>