Industry Analysis & Industry Trends
Although the Day Care industry grew rapidly in the 1990s, growth slowed in light of the economic downturn as costs exceeded what many families can bear. While high costs generated high profit margins for operators, tight state budgets combined with slow disposable income growth limited demand for industry services during the first half of the current five-year period. More recently, as per capita disposable income and government funding have been on the rise, the industry has once more returned to more rapid growth. Low accessibility to day care centers and preschools has prompted renewed attention to the subject, with the White House and Department of Education proposing new ways to expand funding to make day care services accessible to all US households... purchase to read more
Industry Report - Industry Locations Chapter
The dispersion of day care centers largely reflects variations in the geographic distribution of children. Geographic distribution is also influenced by the cost and supply of child care; labor, income and housing affordability patterns; and child care subsidy policies. In addition, varying state and local regulations and licensing requirements affect employment in this industry. Government agencies generally review, among other things, the ratio of staff-to-enrolled children. Overall, however, the spread of establishments in the United States closely follows the national share of the population.
The West exhibits a greater negative discrepancy between establishments and population... purchase to read more