Industry Analysis & Industry Trends
After a momentous downturn in the housing market and a dramatic decline in revenue following the subprime mortgage crisis, bursting real estate bubble and collapse of credit markets, industry revenue is expected to rebound as industry activity picks back up. Improvements in the general economy will support industry growth, following the cyclical pattern of boom-and-bust that is traditional of economic cycles. Additionally, the industry will benefit from improvements in housing demand, lending activity and real estate values... purchase to read more
Industry Report - Industry Locations Chapter
The geographic distribution of industry activity generally corresponds with the distribution of population, although slight regional variations occur, reflecting the differences in topography, land values, demographic factors and consumer preferences. This industry has the greatest concentration of establishments, employment, payroll and the value of activity in the Southeast, West, Great Lakes and Mid-Atlantic regions. The current distribution of establishments, employment and payroll by region is derived from the annual survey of County Business Patterns.
The Southeast region has close to one-quarter of the national population and covers 12 states, including Florida, North Carolina and Virginia... purchase to read more