PRESS RELEASE
TRADE SHOW AND PRINT REVENUES SHOW MODERATE Q1 GROWTH
Figures show combined platforms increased revenue slightly
NEW YORK, July 24, 2006—The Business Information Network for Trade Show activity (T-BIN) revenue figures for first quarter 2006 reveal a 1.4% increase in revenue over the first quarter 2005, registering $2.74 billion in total revenue. With print revenues in the same period reported by BIN at $2.59 billion, combined trade show/print revenues generated more than $5.3 billion in first quarter 2006 revenue, reflecting an increase of 1% over the previous year.
"This is only moderate growth," explained Gordon. T. Hughes II, president and CEO for American Business Media, “but it is growth. We suspect the strong showing of last year will be in evidence as the year progresses.”
T-BIN includes the latest data available on revenue and attendance figures for the tradeshow/exhibitions aspect of business-to-business. The Center for Exhibition Industry Research (CEIR) aggregates trade show figures. In January 2005, American Business Media augmented its reporting model for magazine advertising sales in industry markets, as relayed through BIN, by examining 22 markets comprised of all business-to-business books tracked by IMS/The Auditor, and PERQ/HCI for healthcare figures.
Founded in 1906, American Business Media is the industry association for business information providers. Its 300-plus member companies reach an audience of more than 100 million professionals and represent nearly 5000 print and online titles and 1000 Trade Shows.
Contact:
Sara Sheadel, Editor
American Business Media
T 212.661.6360 x3331
info@abmmail.com