Latest Moving Industry Data Reflect Improving Conditions

Latest Moving Industry Data Reflect Improving Conditions

The volume of household goods shipped through the first five months of 2010 was up 4.2 percent from the same period a year ago, another indication of a slowly strengthening economy, according to the latest issue of Industry Trends from the American Moving & Storage Association (AMSA).

The volume of individual consumer shipments showed the most growth, up 11.2 percent, representing a significant turnaround from declines of 21.5 percent and 18.2 percent for the January-May period during 2009 and 2008 respectively.

“These numbers are very encouraging,” said Linda Bauer Darr, AMSA president and CEO.  “They show big improvement in both of the private-sector business lines we track, consumers as well as corporate relocations, which were up nearly two percent.”

Although the volume of household goods shipped by the US military was off by just one percent, shipment volume by civilian federal agencies, the smallest of the four business lines tracked, declined by more than ten percent from January-May, 2010.

With complete AMSA data for 2009 now available, this issue also ranks states by total shipment volume last year (both inbound and outbound), led by California, Texas and Florida. Colorado joined the District of Columbia metro area at the top of the inbound state list, while Michigan continued to lead the outbound list by a large margin over New Jersey. Metropolitan areas with over 500 moves inbound shipments were led by Richland, Wash., Wilmington, N.C. and Chattanooga, Tenn.

The spring 2010 Industry Trends, the only publication to cover the economics of the U.S. moving and storage sector in depth, also has a special look at the southern US; and reports on attractive cities to do business in, areas experiencing population growth as well as various indices affecting movers including home sale data.

Published quarterly, Industry Trends provides an overview of current trends and business activity within the sector. Data is based on information submitted confidentially to AMSA by its member companies as well as from other sources. For subscription information, contact AMSA at (800) 849-2672.