Industry Analysis & Industry Trends
The Subprime Auto Loans industry is rebounding strongly from effects of the recession, but performance still remains below prerecessionary levels. New car sales, improving consumer finances and continued strong demand growth from subprime borrowers and investors are forecast to spur industry growth over the next five years. However, faster growth will be restrained by rising interest rates that will raise borrowing costs and slow vehicles sales.... purchase to read more
Industry Report - Industry Locations Chapter
Due the nature of industry services, the concentration of business locations tends to follow population patterns in the United States. Because the Southwest is the largest geographic region, comprising 12 states, it accounts for about 25.8% of all establishments. Florida is the key state within this region, holding about 7.2% of all establishments in the country. From 2009 to 2011, the number of establishments in Florida temporarily declined due to the recession before renewing in the following years. Recent economic recovery has stabilized the region and set it up for growth in 2014.
The West region has been hit the hardest by the recession, with three of its six states experiencing large declines in property values and high unemployment rates... purchase to read more