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Slow Economy Increases Relocation Rate in the US
October 28, 2010
Based on Milestone Relocation Solutions Inc., a national moving company's, performance data for the years 2008, 2009 and 2010, demand for moving services in the United States market increased by a huge margin, compared to years 2007 and 2006. This means that residents of the US lately have been relocating even more often than during the years of economic growth.
Based on Milestone Relocation Solutions data, there are 2 tendencies observed: people have been moving from larger cities to suburbs locally, as well as relocating to less-populated and less-expensive states across the country.
Cities like Atlanta, Orlando, Miami, Washington DC and Chicago have been seeing a lot of population relocating to less-expensive suburban areas. Another interesting fact is a decrease in an average move size time-wise, which suggests people are cutting down on their furniture and other goods that are not of the major importance, as well as tendency of people moving to smaller residences. While several years ago residents tended to look for more spacious places to settle in, economic uncertainty seems to have made them adjust the living habits and choose smaller, therefore more affordable, houses or apartments.
Another interesting observation would be moving to less-populated states with a lower cost of living. Based on the study, loss of professional jobs made a certain pool of people, especially young professionals, trade the bigger and more expensive cities they had come after graduating and being hired by large firms with high salaries into smaller rural areas where cost of living is much more affordable.
In conclusion, it must be noted that the tendencies described above did not do harm to relocation industry. On the contrary, although average revenue per job and profit margins suffered, overall profitability, due to increased number of moves, has gone up compared to 2006 and 2007. Ironically, this can be credited to slower and, at one point, barely alive economy, which left people no other choice but relocate to smaller, less expensive residencies in less expensive geographical areas.
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Milestone did a great job at helping my wife and I with our local move. The move was from an apartment building to a house. They arrived early and were quick with moving everything. They protected the furniture well and were professional. I would use them again in a heartbeat. I have already recommended them to my friends quotes |
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I just wanted to take a minute to thank you and your company for the awesome job your guys did today. We never could have moved my son's things down four flights of stairs alone. Your guys were pro's at it. They were very courteous and professional. They worked very hard and it was a pleasure to have them. They set a fine example for your company and I will recommend them to anyone that I know that needs a moving company. quotes |
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I appreciated the professionalism, prompt follow-up, flexibility, attention to detail and mostly the integrity of Milestone Relocation Services. On top of this, they are competitively priced. I have used them more than once and have referred them to friends who in turn, have used their services. Give them a try if you are looking for a mover to provide you peace of mind without breaking your pockets, Milestone will deliver! quotes |
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Very well done! Very nice guys and very helpful! Thank you very much! quotes |
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Jim, |
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Kudos for the job well done: on time, careful, efficient and affordable. Office assistance was top notch as well. Overall, very impressed! quotes |
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The two gentlemen that moved us could not have been better. They were professional, on time, courteous, thoughtful and extra careful. I had expectations and they exceeded my expectations. They knew exactly what they were doing and their expertise showed. At the end of the day I hugged them good-bye. Definitely use this company when considering your next move. They make it simple and easy which is exactly what you need at moving time. quotes |
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The guys at Milestone were good at their jobs. They scouted the place before the move and then had a plan for getting it together. They were timely and kept everything organized. Well priced, too. quotes |
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I just wanted to say thanks again! The gentlemen that facilitated the move did an excellent job. It is rare as a consumer to receive such superb service. Although, I did thank them personally, please convey the message again! quotes |
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