Trade Show Industry Poised for Stronger NSF Growth

April 28, 2013

a2z's Quarterly Tradeshow Industry Index report, which analyzes data through the first three months of the calendar year 2013 (Q1 of CY 2013) has just been released for Q1.

The Index reflects a stronger-than-expected 3.1 percent quarter-over-quarter growth in net square footage in Q1 of CY 2013. This is a stronger gain than was predicted at the end Q4 of 2012.

The Index also forecasts NSF growth to come in at a significantly higher rate of 5.9 percent for Q2 of FY 2013. This is good news for the tradeshow industry, given the fact that the U.S. economy is projected to grow at a more sedate pace overall.

Of the eight sectors that recorded growth in Q1, Food led the way with the a remarkable 127.4 percent QoQ growth in NSF, followed by Transportation (118.5 percent) and Raw Materials & Science (116.6 percent in the second and third positions, respectively.

Both Government and Business Services sectors, on the other hand, witnessed negative growth yet again.

This seems to be a direct and continuing impact of slow recovery in these verticals and budget cuts related to the Sequestration.

Published since 2011, the a2z Quarterly Industry Index is based on data collected from hundreds of shows that are managed using a2z's platform and is constructed on the base year 2009.

The Index reveals the overall tradeshow industry performance, a breakdown of vertical market performance, sales pacing of the last six months and the forecast for the next six months.

Click here to view and download the complete report.

Add new comment

Partner Voices
MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.    Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.    Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.   The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.    MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.     MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.