Monday, May 1, 2017

Moving Industry Outlook USA

The moving or translocation industry is dynamic as a large number of residents, workers, soldiers, and businesses move from one State to another or locally.   

Like all industries the moving industry experience change. It is highly dependent on the state of the economy, industrial outlook, trends, and paradigm shifts that govern life in the US. These are not the only factors that make people relocate locally or to other states of the country. 

Some other factors that make people shift from one place to another or from one destination to another are: 

  • Seeking cheaper accommodation

  • Move into own Household
  • Job transfers
  • Marital status change
  • Leaving education institutions
  • Retirement
  • Health reasons
  • Natural upheavals 
  • Social Insecurity
  • Discrimination
  • Rentals
  • Proximity to workplace
  • Proximity to school/college or university
  • Expanding accommodations


According to trends, more than eighty percent move within the state. About twelve percent move outside the state while the rest migrate to another country. In US annual translocation is approximately forty-three million people. This constitutes seventeen percent of the population of the USA. Hence the number of people on the move every year is on the rise due to the factors stated above,.     
As per the American Moving and Storage Association, the movement in various sectors took place as follows: 

24% Military
Corporate 39 %
Individual or Residents 35 % |
Leaving the rest to Federal Government employees.    

The constant demand in the industry has seen the establishment of new moving companies big or small. With the rise in relocation the logistic, storage, and transportation companies have also experienced growth.
 

 


   

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