Atlas 2007 Corporate Relocation Survey

Check out the results for Atlas’ 2007 Corporate Relocation Survey. They bode well for self-storage and mobile storage firms.

According to the survey, over a fourth (29%) of responding firms expect their relocation volumes to increase in 2007 and 32% expect their relocation budgets to increase, nearly identical to expectations for 2006 (similar to 2004-2005, and significantly above the respective 13% and 15% levels reported in 2003).

Around half of all firms, regardless of size, expect relocation volumes and budgets to stay the same, similar to the past three years. As in the previous two years, roughly a fourth or more of all size firms expect increases and more large than mid-size or small firms expect increases.

• As in 2006, the majority of large firms expect relocation volumes to be at the same levels as last year. However, fewer large companies indicate increased expectations in relocation volume than in 2004 and 2005 (38% vs. 44% and 47%), although expectations remain significantly higher than in 2003 (only 19% projected increased volumes).
• Expectations for increases in large company relocation budgets dip slightly lower than in 2006 and 2005 (39% vs. 44%), returning to levels near 2004 (37%); but the percentage predicting increases remains considerably above that reported in 2003 (20%).
• Slightly more mid-size firms expect increases in relocation volume in 2007 over 2006, and significantly fewer expect decreases (10% vs. 22%). While the majority expects both budgets and volumes to remain static from last year, notably fewer indicate they expect budget decreases (8% vs. 17%).

Click here to read more about this telling study.

Add comment June 11th, 2007