Collection Agencies

November 2, 2011 — The Editors

Collection Agencies, estimated revenue annually

Today’s market size post looks at collection agencies. You may be forgiven for assuming that collection agencies are in a recession proof sort of business. From the looks of the national data on that industry, this is not entirely true. The graph shows estimated annual revenue for collection agencies over more than a decade.

Geographic reference: United States
Year: 1999 and 2009
Market size: $6.10 billion and $11.14 billion
Source: “Table 7.1. Administrative and Support and Waste Management and Remediation Services (NAICS 56) — Estimated Revenue for Employer Firms: 2002 Through 2009,” Service Annual Survey: 2010, parts of which are available online here. Data for years prior to 2002 were obtained from earlier editions of the Service Annual Survey, many of which are also available from the Census Bureau’s web sites.
Original source: U.S. Census Bureau
Posted on November 2, 2011

Posted in Banking, Business Services. No Comments »

Express Delivery Market

October 24, 2011 — The Editors

The Internet has not done away entirely with the need to ship documents across the globe and quickly. Today we look at the express delivery industry which providing expedited delivery of documents and parcels almost anywhere on earth. Major players in this industry include familiar names like DHL, FedEx, and UPS, although national postal services also have a role in this business.

The market size presented below is the estimated total sales revenue generated by the express delivery industry in 2008.

Geographic reference: World
Year: 2008
Market size: $175 billion
Source: “Facts & Figures on Express Industry,” a report made availalble online, here, by The European Express Association.
Original source: Oxford Economics
Posted on October 24, 2011

Posted in Business Services, Cargo, Mail & Postage. No Comments »

Trucking, General Freight

September 15, 2011 — The Editors

General freight trucking

Today we look at the revenues generated by general freight trucking firms and specifically, those with employees. Today’s market size does not include the revenues generated by independent truckers who are categorized as nonemployers. The graph charts estimated revenues from 2001 through 2009 and presents them for local freight movements as well as long-distance.

Geographic reference: United States
Year: 2001 amd 2009
Market size: $107.32 billion and $117.58 billion respectively
Source: Yearbook 2010, “Table 2.1 Transporation and Warehousing (NAICS 48, 49) – Estimated Reveunue for Employer Firms: 2001 through 2009,” page 9, Service Annual Survey 2009, issued in February 2011 and available online here.
Original source: U.S. Department of Commerce, Economics and Statistics Administration, U.S. Census Bureau
Posted on September 15, 2011

Posted in Business Services, Cargo, Transportation. No Comments »

Nonemployer Professional, Scientific and Technical Services

September 13, 2011 — The Editors

We recently posted the size of the professional, scientific and technical services market in the United States, here, and today we add detail to that market post by offering the size of a subset of the market. Today we show the revenue for all nonemploying firms in this service industry which represents 8.6% of the total revenue generated by professional, scientific and technical service providers in 2009. Most nonemployer firms are individual proprietorships but some are partnerships and even corporations. The point is, they have no paid employees. There were 21 million such firms in the United States in 2009, 18.7 million of them were individual proprietorships.

Geographic reference: United States
Year: 2009
Market size: $118.3 billion
Source: “2009 Nonemployer Statistics: Geographical Area Series: Nonemployer Statistics by Legal Form of Organization: 2009,” one of the many offerings on the Census Bureau’s American FactFinder platform, available here.
Original source: U.S. Census Bureau
Posted on September 13, 2011

Posted in Business Services, Employment, Personal Services, Professional Services. No Comments »

Marinas

September 9, 2011 — The Editors

Those offering services to boaters by operating docking and/or storage facilities for pleasure craft owners are Marinas. Some marinas offer additional services such as repair and maintenance services as well as retailing of fuel and marine supplies. The states with the United States with the largest marina industries, in order, are Florida, New York, California, Michigan and Massachusetts.

Today’s market size is the estimated revenues from all marinas in the United States in 2009.

Geographic reference: United States
Year: 2009
Market size: $3.3 Billion
Source: “Table 9.1. Arts, Entertainment, and Recreation Services (NAICS 71) — Estimated Revenue for Employer Firms: 2001 Through 2009,” Service Annual Survey: 2010,, the report on NAICS Sector 71 is available online here.
Original source: U.S. Censsus Bureau
Posted on September 9, 2011

Posted in All Transport Vehicles, Business Services, Entertainment, Repair Services, Ships. No Comments »

Professional, Scientific and Technical Services

August 18, 2011 — The Editors

Professional Services

The sector of the U.S. economy that has been growing most strongly over the last decades is the Service Sector. The service sector includes all those things that provide services instead of goods so, accountants, architects, computer programmers, consultants, doctors, hair stylists, lawyers, teachers and truckers to name but a few of the activities performed by those in the Service Sector. The Census Bureau divides the Service Sector into eleven major categories and our market size today is one of those: Professional, Scientific and Technical Services, an industry whose revenues in 2009 represented 21.6% of all Service Industry revenues.

Over the period shown in the graph, 1998—2009, businesses providing professional, scientific and technical services saw their revenue grow by 85.3% which is 42.7% ahead of inflation.

Geographic reference: United States
Year: 1998 and 2009
Market size: $751.3 billion and $1,378.3 billion
Source: Services Annual Survey 2009, “Tables 1.1 Selected Service Industries – Estimated Revenue for Employer and Nonemployer Firms: 2005 through 2009,” and “Table 1.2 Selected Service Industries – Estimated Revenue for Employer Firms: 2005 through 2009,” pages 4 and 6, February 2011, available online here. Data in the graph are from earlier editions of this report series, links to which are available on a Census Bureau web page here.
Original source: U.S. Department of Commerce, Burea of the Census

Posted in Business Services, Personal Services, Professional Services. 1 Comment »

Advertising

April 5, 2011 — The Editors

Advertising and Marketing Expenditures Worldwide

The United States is the undisputed leader worldwide when it comes to advertising, accounting for more than a third of all advertising and marketing expenditures worldwide. The chart shows the top ten countries by estimated advertising spending worldwide.

Please note that the graph is made from data that were produced in 2007 as a projection and much has changed since 2007. In fact, the summer of 2007 was a strange time, a time when investment firms were busy trying to pump confidence into a market that was weakening by the day. The report from which we got the figures used in the graph was published by Bear Stearns. In early 2008, Bear Stearns collapsed.

In a way, this example is a warning to all researchers to be careful when making assumptions about market data. By way of providing an interesting range of market sizes for Spending on Advertising and Marketing, we provide two measures for this overall market. One is from the Bear Stearns’ report produced in 2007 with projections for 2009. The other source is Advertising Age and its estimates have the advantage of reporting on 2009 after the fact. The graph is based on the projected data since that report offered the country-by-country breakdown.

Geographic reference: United States
Year: 2009
Market size: Bear Stearns projection, $194 Billion
Market size: AdAge estimate, $125 Billion
Source: (1) Advertising & Marketing Services, Bear Stearns, July 2007, page 40. (2) Advertising Age, June 21, 2010, page 10.
Original Source: ZenithOptimedia and Ad Age DataCenter.
Posted on April 5, 2011

Posted in Advertising, Business Services. No Comments »

Office Equipment and Computer Wholesalers

February 4, 2011 — The Editors

The way we move food, for example, from producer to end user has not changed a great deal in the last decade. The way we move office equipment and computers from producer to end user has changed greatly. The wholesalers of office equipment and computers have seen their business shrink significantly and the routes used to get these products to the end user have bypassed traditional wholesalers.

Worth noting is the fact that the effects of the recession, which began in December 2007, are not yet visible in these market size data. The markets presented here are for two Census Bureau defined industries: Office Equipment Merchant Wholesalers [NAICS 42-3420], and Computer and Computer Peripheral Equipment Wholesalers [NAICS 42-3430].

Geographic reference: United States
Year: 1997 and 2007
Market size: Number of Establishments: 24,248 and 17,801 respectively.
Market size: Sales: $258.09 and $290.39 Billion respectively.
Source: “Sector 42: EC074212: Wholesale Trade: Industry Series: Preliminary Comparative Statistics for the U.S. (2002 NAICS): 2007 and 2002,” 2007 Economic Census, available online here. The data from 1997 are from the 1997 Economic Census.
Original Source: U.S. Department of Commerce, Bureau of the Census.

Posted in Business Services, Wholesalers. No Comments »

Payroll Services

October 13, 2010 — The Editors

Over the decade from 1997 to 2007 companies involved in providing payroll services saw the market for those services increase greatly. The number of establishments offering these services in 1997 was 2,709 and they employed 316,425 people. In 2007 there were 4,842 establishments employing 549,594 people.

Geographic reference: United States
Year: 1997 and 2007
Market size: $14.1 Billion and $28.7 Billion respectively
Source: “2007 Economic Census: Sector 54: Professional, Scientific, and Technical Services”, December 4, 2009, [Online] here as well as the “1997 Economic Census” data on the same industry.
Original Source: U.S. Bureau of the Census

Posted in Business Services, Market Size. No Comments »
«
»