Industry Analysis & Industry Trends
Funding under the No Child Left Behind (NCLB) program and greater competition among high school students for college admission have boosted demand for tutoring and test preparation services. Nevertheless, funding is set to decline over the next five years, which may limit overall growth. While a rise in the number of students will benefit demand, colleges will require fewer mandatory tests, offsetting demand in the test preparation segment... purchase to read more
Industry Report - Industry Locations Chapter
The geographic spread of this industry is fairly consistent with the population distribution, with establishments generally located in heavily populated regions. Establishments involved in exam preparation and tutoring tend to be located close to schools and universities. However, there is a higher concentration of establishments in the West and Mid-Atlantic regions, and a lower concentration in the Southeast and Southwest.
Demand for services provided by some of the segments within this industry are influenced by disposable income, so the distribution of disposable income across the regions will affect the location and number of the locations of establishments. A higher level of disposable income in the Mid-Atlantic supports a high concentration of industry revenue in the region... purchase to read more