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Webinar: COVID-19's Impact on US Economy and B2B Exhibition Industry
Author(s):CEIR
Abstract:
Four months into the COVID-19 Pandemic, the US and global economies are in a recession. Because of lock-downs and travel bans, the B2B exhibitions industry shut down in mid-March. Since then, phased openings and social distancing have created a climate of extreme uncertainty for organizers struggling to produce events. The US economic impact through May 2020, from exhibitions not being held, was estimated at $1.8 billion. This webinar provided an economic update, key indicators to follow and possible scenarios for recovery of the economy and B2B exhibitions industry. Cathy Breden, CMP, CAE, CEM, CEO – Center for Exhibition Industry Research moderated this important, relevant and timely discussion and presentation with Allen Shaw, PhD., President & Chief Economist of Global Economic Consulting Associates. Link to webinar recording is included in the slide deck.